Powell's speech today was as expected, and did not give any key information. Interestingly, two reporters asked whether Trump would remove or reduce Powell's position as the chairman of the Federal Reserve after taking office. Powell's answer was very simple. One was that he would not, and the other was that the law did not allow the president to take action against the chairman of the Federal Reserve.

Another reporter asked what Powell thought of this time when Trump was very dissatisfied with Powell in the previous term. Powell chose not to answer.

It seems that gossip is what reporters care about most. Nothing else is important. It's still the old three things: a strong economy, a stable labor market, and continue to look at the data.

I won't reply to these related contents one by one.

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