Fed Chairman Powell: It's still unclear where the tariff level will end up

Odaily Planet Daily News: Federal Reserve Chairman Powell said that after several years of solid growth in the U.S. economy, many forecasters expect growth to slow this year. Survey respondents pointed out the impact of new U.S. federal government policies, especially those related to trade. We are closely watching this tension between hard and soft data. As new policies and their possible economic impacts become clearer, we will have a better understanding of their impact on the economy and monetary policy. The level of tariffs is higher than almost all forecasters expected, but it is still unclear where it will ultimately fall. People expect the Fed to tell the truth, and that is exactly what the Fed will do. (Jinshi)