📌 On May 7, the Fed decided to keep interest rates at 4.25% – 4.5%.

- Mr. Jerome Powell said: We are not in a hurry to cut. It's also not certain that we will cut.

⏳ Reason: too much uncertainty in the economy.

- Inflation could rise.

- Unemployment could increase.

- Therefore, the Fed chooses to 'sit still and observe' rather than act hastily.

💬 Powell emphasizes:

- We are not under pressure from the White House.

- Although President Trump has repeatedly demanded that the Fed cut interest rates immediately, the Fed maintains its independent stance.

- The Fed believes that GDP will continue to grow.

- Employment is still stable, wages are stable, layoffs have not spread widely.

- Inflation is currently flat at quite a low level, although it has not reached the 2% target.

📦 Powell warns:

If the current high tax levels continue, it could lead to high inflation, increased unemployment, and slow growth.

- The Fed said if it cuts interest rates early, and the data is worse, it won't be able to react in time.

- Keeping interest rates unchanged at this time is a safe option.

In summary:

- Interest rates are like a brake – when the path is unclear, it's best to tread carefully.