Powell: More and more officials want to delay interest rate cuts, the overall economic situation is very good

ChainCatcher news, Federal Reserve Chairman Powell stated that more and more Fed officials are prepared to delay the upcoming interest rate cuts. He noted, "After the rate cuts in the last two policy meetings, there is a sense that some officials want to take a wait-and-see approach. Now, more and more people believe that perhaps we should at least wait for one cycle."

In addition, Powell added, "Overall, the economic situation is very good." (Jin Ten)