事关降息！美联储主席最新发声

Core Viewpoint - The Federal Reserve Chairman Jerome Powell indicated that inflation may not be as strong as previously expected, suggesting the possibility of earlier interest rate cuts depending on labor market conditions [1][4]. Economic Outlook - Powell reported that the U.S. economy faced increased uncertainty, with consumer confidence declining due to concerns over trade policies [4]. - The first quarter GDP showed a slight decline, and consumer spending growth has slowed [4]. - Short-term inflation expectations have risen in recent months, while most long-term indicators remain aligned with the Fed's 2% inflation target [4]. Monetary Policy - The Federal Open Market Committee (FOMC) has maintained the federal funds rate target range at 4.25% to 4.50% since the beginning of the year [4]. - Powell emphasized that the Fed is in a position to wait for more economic data before considering any adjustments to its policy stance [4]. - Tariff increases are expected to exert upward pressure on prices and impact economic activity [4].