03:17:42
Federal Reserve Chairman Powell: This is a period of significant changes in geopolitics, trade and immigration, but this does not change the way we formulate monetary policy.
03:11:50
Federal Reserve Chairman Powell: For the sake of public interest, we hope to continue to increase investment in economic data collection.
03:10:06
Federal Reserve Chairman Powell: We can do our job based on the data we have now.
03:09:19
Federal Reserve Chairman Powell: We are implementing the buyout program and will achieve our goals.
03:08:29
Federal Reserve Chairman Powell: We are actually eliminating the staff growth of the past decade and we will achieve our goal.
03:08:26
Federal Reserve Chairman Powell: (Federal Reserve) layoffs will not affect its key tasks, and layoffs will be fully planned.
03:06:59
Federal Reserve Chairman Powell: The Federal Reserve is conducting a detailed review of its internal personnel and expects to find that about 10% of employees can be employed in other positions.
03:06:43
Federal Reserve Chairman Powell: (Speaking of layoffs) We are prudent stewards of public resources, and sometimes we need to show that.
03:05:43
Federal Reserve Chairman Powell: Monetary policy must be forward-looking.
03:05:26
Federal Reserve Chairman Powell: The business community is working hard to cope with the current situation and the overall feeling is more optimistic than three months ago.
03:03:08
Hang Seng Index futures closed down 0.49% at 23,536 points in the night session, 175 points below the spot price.
02:54:10
Fed Chairman Powell: We must be forward-looking. If we wait a few more months, we will be able to make more informed decisions.
02:54:04
Federal Reserve Chairman Powell: We expect inflation to rise significantly in the coming months.
02:47:47
Federal Reserve Chairman Powell: Please remember how much uncertainty we face.
02:47:41
Federal Reserve Chairman Powell: No one has great confidence in the forecast of the interest rate path and can provide a reasonable justification for any interest rate path in the forecast.
02:46:39
Federal Reserve Chairman Powell: The economy appears to be growing at a rate of 1.5% to 2%.
02:46:28
Federal Reserve Chairman Powell: The best thing we can do on housing is to restore price stability.
02:45:50
Federal Reserve Chairman Powell: Market sentiment has recovered from very depressed levels, although it is still depressed.
02:41:46
Federal Reserve Chairman Powell: We cannot assume that inflation will rise and then fall as predicted.
02:40:59
Federal Reserve Chairman Powell: There is a high degree of uncertainty about the size, total amount and duration of tariffs.
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