Golden Finance reported that Federal Reserve Chairman Powell said that there is no indication in the forecast that the Fed is acting hastily; if appropriate, the Fed can speed up, slow down, or even pause interest rate cuts; if the economy remains sound, we can slow down the pace of interest rate cuts; similarly, if the labor market deteriorates, we can also respond; our forecasts are not plans or decisions, we will adjust policies as needed; taking into account all risks, we will cut interest rates by 50 basis points today, and this adjustment will help maintain the strength of the economy and the labor market.