Powell: Waiting for clearer news before considering adjusting policy stance

BlockBeats News: On April 4th, Federal Reserve Chairman Powell stated in his keynote speech on the economic outlook that we are facing a highly uncertain outlook. It will be very difficult to assess the potential economic impact of tariffs until there is greater certainty about the details. Although uncertainty remains high, it is now clear that the increase in tariffs will be significantly greater than expected. The economic impact may also be the same, including higher inflation and slower growth. The extent and duration of these impacts are still uncertain. We will continue to closely monitor the upcoming data, constantly changing prospects, and risk balance. We are ready to wait for clearer information before considering adjusting our policy stance. It is too early to say what the appropriate path for monetary policy is now. (Golden Ten)