Analyst: Powell May Not Provide Much Clarity

BlockBeats News, May 7th, Federated Hermes' Karen Manna stated that Federal Reserve Chairman Powell may not be able to satisfy investors' demand for clarity when speaking to reporters after tomorrow's rate decision.

It is expected that the Fed will keep rates unchanged, and Powell may face questions about the impact of tariffs on inflation and the economy. The final level of tariffs and their duration remain unknown, limiting Powell's ability to provide more clear information. "Predictions are always very difficult, and making predictions when the target is constantly changing is almost impossible." She expects this uncertainty to persist until the Fed's June meeting, unless there is some substantial change. (Jinshi)