CoinVoice has learned that, according to Jin10, during an event held by the European Central Bank in Portugal, Federal Reserve Chairman Powell stated that if it weren't for President Trump's tariff policy, the Fed would have started cutting interest rates in 2025, and would currently adopt a more accommodative monetary policy.

When asked whether the uncertainty caused by the current U.S. tariff system has led the Federal Reserve to delay interest rate cuts, Powell gave an affirmative answer, adding that due to the impact of tariffs, nearly all forecasts for U.S. inflation rates are on the rise.

Powell acknowledged that despite increasing pressure from the U.S. government, the Federal Reserve has still entered a mode of maintaining interest rates. Powell also stated that given the instability of the current economic outlook, the Federal Reserve is currently observing the situation to gather more information.