In Powell's recent speech, he mentioned that the US economy currently does not require any action from the Federal Reserve, which is a view that the Fed does not see any signs of economic recession. As for tariffs, Powell does believe that tariffs may cause prices to rise, but this "one-time" increase does not require monetary policy to regulate. Powell's statement is that if tariffs are not repeated and continue to rise, they may not have a significant impact on the long-term trend of inflation. To put it more clearly, the price of goods will only rise once, and once it does, it will be dragged down, which will affect the inflation data for 1 to 2 months and may gradually decrease (after all, tariffs do not continue to rise). So Powell's main point is that because the economy is doing well, there is no need to rush to cut interest rates. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex