
Phyrex|Apr 04, 2025 16:13
After listening to Powell's speech, I was slightly more pessimistic than I expected. The main points are:
1. There will be no rush to cut interest rates, as inflation caused by tariffs will take some time to be seen. (As expected)
2. The risk of a downturn in the US economy is increasing, while external statistical agencies predict that the probability of a US economic recession is rising. (Slightly pessimistic)
3. The economic development in the United States has experienced a slowdown in growth, but it is not believed that there will be an economic recession. (As expected)
The labor market has little impact on inflation in the United States. (As expected)
5. The United States is facing the risk of high inflation and unemployment, and it will be more difficult for inflation to return to the path of 2%. (Pessimistic Expectations)
6. Tariffs are likely to affect the increase in US spending. (As expected)
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