Summary of Federal Reserve Chairman Powell's Speech at Dawn!!🔥🔥🚀
1. Federal Funds Rate: Remains unchanged at 4.25%-4.5%
2. Economic Conditions: The economy remains robust, with a low unemployment rate and employment close to maximum
3. Inflation Situation: Inflation has decreased but is still slightly above the 2% target
4. Market Confidence: Consumer and business confidence has declined, mainly due to tariffs and uncertainty
5. Potential Risks: If high tariffs persist, it may lead to rising inflation, slowing economic growth, and increased unemployment. The Federal Reserve will continue to flexibly adjust policies based on data and risk balance
Overall, Powell's remarks are dovish and have little impact on the overall market, with expected small fluctuations