Wu learned that Federal Reserve Chairman Jerome Powell stated that economic growth slowed down in the first quarter, partly due to increased imports and moderate consumer spending, while the uncertainty brought about by tariff policies also weakened market confidence. He pointed out that the current labor market is generally in a balanced state and is not the main source of inflationary pressure. In the coming months, changes in tariffs, as well as policies related to trade, immigration, finance, and regulation, may drive up inflation and suppress economic growth, with specific impacts still uncertain. The Federal Reserve will continue to closely monitor data and balance the two policy objectives of maximum employment and price stability while maintaining stable long-term inflation expectations. If there is a conflict between the two, a balance will be made based on the degree of deviation and the time required for repair. He emphasized that without price stability, it is impossible to achieve a long-term strong and sustainable labor market. Currently, the Federal Reserve will maintain its current policy stance and continue to wait for a clearer situation. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=41066