Federal Reserve Powell: Fed doesn't need to rush to adjust interest rates, most long-term inflation expectations remain stable, close to the 2% target

Odaily Planet Daily News: Federal Reserve Chairman Powell said in a speech that the Fed does not need to rush to adjust interest rates, as the labor market is currently stable and in a state of overall balance. The inflation level is slightly above the target of 2%, but is gradually approaching that target. The uncertainty surrounding the Trump administration's policies and their economic impact remains high. Some recent inflation expectations surveys and market indicators have risen due to tariffs, while most long-term inflation expectations remain stable, consistent with the 2% target. (Golden Ten)