News: Highlights of Powell's monetary policy press conference

Interest rate outlook: The Fed will hold meetings one by one to make decisions. If the economy is stable and inflation is stubborn, it may slowly adjust its policies. The speed and magnitude of interest rate cuts should not be considered normal.

Inflation outlook: The upward risk of inflation has weakened, but the fight against inflation has not yet been declared a victory. Housing inflation is one of the factors dragging down the economy.

Economic outlook: The overall economy is strong, the unemployment rate has risen but is still low, and there is no sign of recession.

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