Odaily星球日报讯 美联储主席鲍威尔表示，流动性仍然充足，资产负债表仍在缩减，将关注准备金市场的情况。当市场条件稍微超过‘充足’时，将尝试停止资产负债表的缩减，无法给出一个确切的数字，还有很长的路要走。只有在利率处于零的时候，才会使用量化宽松政策。（金十）

Odaily星球日报讯 美联储主席鲍威尔表示，流动性仍然充足，资产负债表仍在缩减，将关注准备金市场的情况。当市场条件稍微超过‘充足’时，将尝试停止资产负债表的缩减，无法给出一个确切的数字，还有很长的路要走。只有在利率处于零的时候，才会使用量化宽松政策。（金十）

美联储主席鲍威尔：只有在利率处于零时才会使用量化宽松政策

Odaily Odaily News reports that Federal Reserve Chairman Powell said that liquidity is still sufficient, the balance sheet is still shrinking, and they will focus on the condition of the reserve market. When market conditions slightly exceed 'sufficient', they will try to stop the reduction of the balance sheet, and cannot give an exact number, there is still a long way to go. Quantitative easing policy will only be used when interest rates are at zero. (<金十>)

Odaily Odaily News reports that Federal Reserve Chairman Powell stated that liquidity remains ample, the balance sheet is still shrinking, and they will monitor the situation in the reserve market. When market conditions slightly exceed 'ample', they will attempt to stop the balance sheet reduction, unable to give an exact number, and there is still a long way to go. Quantitative easing will only be used when interest rates are at zero. (<金十>)

Fed Chairman Powell: Quantitative easing will only be used when interest rates are at zero

Odaily Odaily News reported that Federal Reserve Chairman Powell said that if the economy remains strong and inflation does not approach 2%, the policy can be maintained cautiously for a longer period of time. If the labor market unexpectedly weakens or inflation declines more than expected, the policy can be moderately relaxed. The Federal Reserve will complete the framework review before the end of the summer. (<金十>)

Powell: If the labor market unexpectedly weakens or inflation falls more than expected, policy can be moderately relaxed

Odaily Odaily News reports that Federal Reserve Chairman Harma stated that maintaining a stable interest rate for some time may be appropriate, and it would be better to take time to assess the impact of tariffs. A patient interest rate policy will give the Federal Reserve time to assess the economic situation. The Federal Reserve is well prepared to respond to changes in the economy. The risk of inflation is currently tilted to the upside, and it is unclear whether inflation will continue to decline to 2%. The economic situation is good, and the job market is stable. (Gold Ten)

Fed's Hammack: Keeping interest rates stable for a while may be appropriate

The Federal Reserve Chairman Powell began his two-day congressional testimony on Tuesday, conveying a simple message: due to the favorable economic conditions, the Federal Reserve can calmly decide when and whether to cut interest rates. The Wall Street Journal reporter, who is known as the "mouthpiece of the Federal Reserve", Nick Timiraos, pointed out that Federal Reserve officials are encouraged by the recent inflation data, which indicates that price pressures have remained moderate, suggesting that inflation may soon be closer to the Federal Reserve's 2% target. However, they are concerned about potential policy changes by the Trump administration, including his more aggressive use of tariffs compared to his first term, which could raise the prices of imported goods and disrupt the final stage of their fight against inflation. Timiraos stated that the US economy has proven to be much stronger. Driven by strong consumer spending, high asset prices, and the lingering effects of the aggressive stimulus measures taken by the US government in 2020 and 2021 to support the economy, the US economy has so far withstood the impact of these tighter policies. By the end of last year, the Federal Reserve's preferred inflation indicator, the PCE price index, had fallen to 2.6%, down from the peak of 7.2% in July 2022.