Powell: If the data supports a rate cut, it is possible

According to BlockBeats, on May 8th, Federal Reserve Chairman Powell stated on Wednesday local time that the outlook for monetary policy may include lowering short-term interest rates. He stated at a press conference that the outlook "may include" interest rate cuts or maintaining interest rate stability, depending on the economic situation. The fluctuation of GDP data will not truly change our situation. In addition, Powell stated, "I have never requested a meeting with the president, and I will never do so." (Kim Ten)