Federal Reserve Chairman Powell: The impact of tariffs is becoming apparent, and interest rate policy needs to continue to be cautious.

Wisdom Finance APP learned that Fed Chairman Powell reiterated at the latest news conference that the Fed's current main concern is still to "keep the economy running smoothly and maintain price stability." Faced with reporters' quotes of President Trump's long-standing criticism of "rates not falling," Powell refused to respond directly, only saying, "This is not complicated for us. All members of the Federal Open Market Committee (FOMC) want to see a stable economy and stable prices, that is the focus."