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Powell: Policy is currently in a favorable position and can wait to see how the current situation develops.
Mars Finance News: On March 30, Federal Reserve Chair Jerome Powell said there is a tension between the Federal Reserve’s two major goals. Inflation caused by tariffs is a one-time price increase, which will push the inflation rate up by 0.5 to 1 percentage point. The situation in the Middle East affects oil prices; policy is currently in a favorable position, and it can be observed to see how the current situation develops. He tends to ignore supply shocks, but inflation expectations must be watched. (Jin10)