Fed Chair Jerome Powell speaks in Chicago - uncertainty is high, we need to wait for clarity

< br > < span class = "section-news" > 1. Interest rate outlook: Uncertainty is high; currently in a good position, waiting for clearer signals before considering adjusting the policy stance. < br > < span class = "section-news" > 2. Economic outlook: The US economy remains "solid". Strong imports in the first quarter caused a drag. GDP growth may slow down from last year. < br > < span class = "section-news" > 3. Inflation outlook: The impact of tariffs may be more persistent, expected to push up inflation. PCE annual rate in March is expected to be 2.3%, and core PCE is 2.6%. < br > < span class = "section-news" > 4. Job market: overall balance; reduced investment in research funding is expected to have a significant impact on employment; unemployment is expected to rise. < br > < span class = "section-news" > 5. Tariff impact: Tariffs imposed so far have been much higher than expected; policies are still being adjusted and the impact remains highly uncertain. < br > < span class = "section-news" > 6. Cryptocurrencies: gradually becoming mainstream, requiring the establishment of a legal framework for stablecoins; bank regulation is expected to be "partially relaxed". < br > < span class = "section-news" > 7. Independence: The independence of the Federal Reserve is granted by law; the Federal Reserve will not be affected by political pressure. < br > < span class = "section-news" > 8. Others: Don't expect the Federal Reserve to bail out the market; if there is a shortage of dollars, the Federal Reserve is ready to provide liquidity to global central banks. < br > < span class = "section-news" > 9. Market reaction: The US index rebounded convulsively after falling, and then fell again; US stocks continued to decline, the Nasdaq fell nearly 4%, and gold climbed slightly.