Federal Reserve officials: No plans to intervene in the market, recent fluctuations are normal

PANews reports on April 24th that according to Jinshi, Hamak of the Federal Reserve stated that recent market volatility is the result of risk transfer, and market operations remain normal. He pointed out that the Federal Reserve's intervention threshold is "exceptionally high," and there is currently no need to intervene. He also emphasized that it is normal for investors to adjust their positions during periods of volatility, and the market should determine the term premium level on its own, with price discovery led by the market. Additionally, he mentioned that economic uncertainty is causing companies to pause their operations.