#美联储FOMC会议 1. Policy Independence

Powell reiterated that Federal Reserve decisions are not influenced by political pressure, clearly responding to Trump's call for interest rate cuts with "no direct impact."

2. Economic Resilience

Despite facing trade frictions and a slowdown in global growth, the U.S. labor market remains strong (unemployment rate 4.2%), and Powell believes the current policy stance is "correct," with low costs for waiting.

3. Balance Sheet Reduction and Assets

The balance sheet reduction plan is nearing completion, but if accommodative policy is needed, the size of the balance sheet may be adjusted.