#Fed Chair Powell:

For now, we are in a wait-and-see position regarding policy changes. The effects of tariffs on inflation may be more persistent. We will see more of the effects of tariffs in the coming days. The Fed has lowered its 2025 growth forecast to 1.4%, while raising its inflation expectation to 3%. Fed: Uncertainty regarding the economic outlook has decreased, but remains at a high level. As long as the current labor market continues and inflation falls, the most prudent thing to do is to keep interest rates steady. We need real data to make decisions. As we obtain more data, the discrepancies in interest rate forecasts will decrease. As we obtain more data, the discrepancies in interest rate forecasts will decrease. The divergence in forecasts may also reflect differences in risk assessments. The divergence in forecasts may also reflect differences in risk assessments. If we wait a few months, we will make a wiser decision. The supply and demand in the labor market have kept the unemployment rate at a reasonable level.