Powell signals no rush to cut interest rates

Federal Reserve Chairman Jerome Powell said in his latest statement that economic conditions remain stable, suggesting there is no rush to cut interest rates. This news triggered market attention and discussion.

Powell noted that although inflationary pressures have increased, the overall inflation rate remains within control. He emphasized that the U.S. economy is still growing steadily and the job market is also showing a stable trend.

Regarding future policy directions, Powell said that timely adjustments will be made based on economic data and market performance. He emphasized that the Federal Reserve will continue to pay close attention to changes in the global economic environment and take appropriate measures to deal with possible risks.

This statement was interpreted by the market as the Fed's stance on future policy is more prudent and will not rush to implement interest rate cuts. This also makes investors more optimistic about the prospects of the U.S. economy.

Overall, Powell's cautious attitude has injected a stabilizing force into the market and left more room for future policy directions. Investors should pay close attention to subsequent relevant information and adjust their investment strategies in a timely manner.