Golden Finance reported that Federal Reserve Chairman Jerome Powell said on Wednesday that the U.S. economy is performing stronger than when the Federal Reserve began cutting interest rates in September last year, making policymakers likely to be more cautious about further rate cuts. Powell stated, "We can be more cautious because we are trying to find a neutral position." Powell's comments on Wednesday seem to align with more cautious policymakers and largely echo the previous view that the Federal Reserve can consider rate cuts "carefully" without rushing to act. Powell's remarks on Wednesday did not significantly change the current expectation of a 25 basis point rate cut again in December.