PANews reported on April 4 that according to Jinshi, Federal Reserve Chairman Powell gave a speech on economic prospects, stating that the current situation is different from the 1970s, with people facing higher risks of unemployment and inflation, which is a challenge for the Federal Reserve. The (employment and inflation) two goals may have tensions, but not as we see now. The Federal Reserve's responsibility is to stabilize the economy no matter what happens. Independence is crucial for the Federal Reserve. (Addressing) trade policies, energy policies, issues arising from climate change and immigration are not the Federal Reserve's responsibility. The Federal Reserve cannot participate in topics not assigned to us. The Federal Reserve does not need to act hastily; we have time. It is currently unclear what the appropriate policy is, and the Federal Reserve will wait and see before adjusting policies.

Powell stated that he intends to complete his term and said he very much enjoys this job. There is no absolute certainty in this job, and mistakes may be made.