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Powell: Inflation driven by tariffs is expected to rise in the coming months.

美偔傔傩chairman鲍威尔在发布会上表示,在Trump Administration 加征关税影响下,美国通胀或在未来几个月显此上升。 他强调,在开始interest rate cut前需对通胀下降有足够confidence,当前策略保持"适度限制性"。

The chart indicates that two interest rate cuts are still expected in 2025. Powell stated that the Federal Reserve is assessing the transmission path of tariffs and reaffirmed its stance on the 2% inflation target.

He also stated that, given the current inflation situation, it is still necessary for monetary policy to impose some restrictions on the economy. The current interest rate level is not very high. The current policy can be described as moderate or moderately tight, and it may now lean more toward being "moderately restrictive." He added, "If you look at the current economic performance, you will find that it is not performing as if it is experiencing 'very tight monetary policy.'"