Planet Daily News: Federal Reserve Chairman Powell stated that the current policy stance is appropriate, and a wait-and-see approach can be adopted, with the policy having moderate restrictive characteristics. Now is a good time to take a step back and clarify the situation. It is still too early to say what monetary policy should be implemented in response. Recent progress towards the 2% inflation target has slowed down. In the 12 months ending in February, the PCE total price increased by 2.5%. The core PCE price, excluding volatile food and energy categories, rose by 2.8%. Looking ahead, higher tariffs will play a role in our economy and may increase inflation in the coming quarters. From most indicators, long-term inflation expectations (inflation expectations for the next few years) remain well-anchored and consistent with the 2% inflation target. We remain committed to sustainably bringing the inflation rate back to the 2% target. (Jinshi)