Powell: Can Wait to Assess Rate Adjustment, Final Tariff Level Will Determine Its Impact

BlockBeats News, June 24, Federal Reserve Chair Powell: The impact of policy adjustments on the economy still carries uncertainty. We are currently in a favorable position and can wait to consider rate adjustments further. The ultimate level of tariffs will determine their impact. Inflation has moderated significantly but remains somewhat above target; long-term inflation expectations are consistent with the 2% target. (Xinhua News)