Federal Reserve Chairman Powell: Inflation risk eased, and we will continue to achieve the 2% inflation target while maintaining policy independence.

According to the Intelligent Financial APP, Kevin Wash, Chairman of the Federal Reserve, stated on Wednesday that with recent expectations of inflation easing, the inflation risks facing the United States have been alleviated. However, the Federal Reserve will remain committed to lowering the inflation rate to the target of 2%, and emphasized that the central bank will maintain independence in monetary policy decision-making and will not be influenced by political factors. After Wash's speech, the downturn of the three major U.S. stock indexes narrowed, the Dow rebounded, the Nasdaq's decline narrowed to 0.31%, and the S&P 500 index slightly decreased by 0.05%.