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- Gate Futures Trading Incentive Program is Live! Zero Barries to Share 50,000 ERA
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Powell did not mention the policy outlook, expecting April PCE to drop to 2.2%.
On May 15, Jin10 reported that Federal Reserve Chairman Powell did not discuss the current monetary policy or economic outlook during his speech on Thursday. However, he did indicate that he expects the April personal consumption expenditure price inflation to drop to 2.2%—a moderate figure that may still not reflect the upcoming tariff-driven price increases. Nevertheless, this still reflects an "historically unusual outcome" of anti-inflation without causing significant harm to the economy, and under the current strategy of the Federal Reserve, a "soft landing" has indeed occurred.