Federal Reserve Chairman Powell: It is still unclear where the tariff levels will ultimately settle.

Odaily News The Federal Reserve (FED) Chairman Powell stated that after several years of robust growth, many forecasters expect growth to slow down this year. Survey respondents pointed out the impact of new U.S. federal government policies, especially those related to trade. We are closely monitoring the tension between hard data and soft data. As new policies and their potential economic impacts become clearer, we will better understand their effects on the economy and monetary policy. Tariff levels are higher than nearly all forecasters expected, but it remains unclear where they will ultimately land. People are looking forward to the Federal Reserve (FED) being truthful, and that is exactly what the Federal Reserve (FED) is going to do. (Jin10)