--- title: "Summary of Key Points from Powell's January Press Conference" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/226616591.md" description: "Federal Reserve Chairman Jerome Powell stated at the January press conference that the FOMC is not in a hurry to adjust monetary policy, emphasizing that the policy rate is above the neutral rate and plans to complete the policy framework assessment by the summer of 2025. The inflation target will not be a focus of the assessment, and there is no interest in revising the 2% target. Powell pointed out that the inflation statement is merely a simplification and that attention should be paid to the 12-month inflation data. Regarding immigration and employment, he believes that the U.S. labor market does not need to cool down and has not seen the impact of Trump's immigration policies. Finally, he mentioned that the impact of AI on financial markets is not sustainable" datetime: "2025-01-29T20:25:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/226616591.md) - [en](https://longbridge.com/en/news/226616591.md) - [zh-HK](https://longbridge.com/zh-HK/news/226616591.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/226616591.md) | [English](https://longbridge.com/en/news/226616591.md) # Summary of Key Points from Powell's January Press Conference 1. Monetary Policy The FOMC does not need to rush to adjust the Federal Reserve's monetary policy stance. When asked about the prospects of a rate cut in March, it reiterated that there is no urgency. The Federal Reserve's policy rate is significantly higher than the neutral rate. The Federal Reserve has begun discussions on evaluating the policy framework and intends to complete this evaluation process by the summer of 2025. The inflation target will not be the focus of the framework evaluation. There is no interest in revising the established 2% inflation target. The employment target will be discussed again during the evaluation. 2. Inflation We have merely streamlined the expression regarding inflation issues; the related wording is not intended to send a signal. The Federal Reserve needs to see progress in 12-month inflation data, and it seems that more progress on inflation will be achieved. 3. Immigration and Employment There is no belief that the U.S. labor market needs to continue cooling. The scale of (illegal immigration/population) flow at the U.S. border has decreased, and this issue is expected to persist. There is no data reflecting the impact of President Trump's adjustments to immigration policy. There are reports of increasing difficulty in finding construction workers. 4. Tariffs The range of possibilities for tariffs could be very, very broad. 5. AI and Financial Markets The recent artificial intelligence (AI) sell-off in financial markets is unsustainable and cannot persist stubbornly. At this stage, many indicators suggest that asset prices are elevated. 6. Relationship with Trump No comments will be made on U.S. President Trump's remarks since he stated that "he will ask the Federal Reserve to cut rates." There has been no contact with the president since then ### 相關股票 - [Phunware (PHUN.US)](https://longbridge.com/zh-HK/quote/PHUN.US.md) - [Trump Media & Tech (DJT.US)](https://longbridge.com/zh-HK/quote/DJT.US.md) - [Trump Media & Tech - CW28 (DJTWW.US)](https://longbridge.com/zh-HK/quote/DJTWW.US.md) ## 相關資訊與研究 - [Here's How Much $100 Invested In abrdn Physical Silver Shares ETF 10 Years Ago Would Be Worth Today](https://longbridge.com/zh-HK/news/281394387.md) - [Destiny Tech100 Stock Rises After SpaceX IPO Rumors](https://longbridge.com/zh-HK/news/281415250.md) - [BREAKINGVIEWS-SpaceX IPO will gauge market moxie more than depth](https://longbridge.com/zh-HK/news/281406751.md) - [Fired via email? Some of the 30,000 workers cut by Oracle woke up to a morning message saying they were laid off.](https://longbridge.com/zh-HK/news/281429821.md) - [Palantir vs. Oracle: 1 AI Stock Looks Cheap](https://longbridge.com/zh-HK/news/281400403.md)