Analysts: The next Fed rate cut is expected to be in June.

Investec analyst Ryan Djajasaputra points out that Powell's message seems to be that the Federal Reserve is in no hurry to adjust its policy in the short term. Powell emphasized that current policy does not appear overly tight, while highlighting the strong performance of the US economy. Furthermore, Powell clearly stated that the Fed wants to see more progress in inflation moving towards its target level. Commodity prices continue to rise, which Powell attributed primarily to the upward effect of tariffs. Analysts believe the hints are clear: the Fed may be entering a pause in rate cuts, with the next 25 basis point rate cut expected in June. (Jinshi)