Powell's latest key turning point speech: The Federal Reserve's obligation is to maintain stable long-term inflation expectations

According to BlockBeats, on April 5th, Nick Timiraos, the "voice tube" of the Federal Reserve, concluded that Federal Reserve Chairman Powell is at a critical turning point. Powell's statements at key turning points over the years are as follows: June 2019: Take appropriate actions to maintain economic expansion; August 2024: Further weakness in the labor market is not desirable; April 2025: Our obligation is to maintain stable long-term inflation expectations.