Powell's "wait-and-see attitude" is difficult to reconcile market differences, Wall Street debates "cut rates twice or zero times."

According to the Zhitong Finance and Economics APP, the Federal Reserve kept interest rates unchanged on Wednesday, with policymakers hinting that there may still be rate cuts this year. However, due to the Trump administration's tariff plan expected to raise inflation, it has slowed down the pace of future rate cuts. In the latest economic forecast, officials outlined a picture of moderate stagflation in the U.S.: economic growth is expected to slow to 1.4% this year, the unemployment rate is expected to rise to 4.5% by the end of the year, and inflation is projected to reach 3% by 2025, much higher than the current level. The dot plot shows internal disagreements within the committee, and market analysts have differing opinions.