On April 30th local time, the two-day Federal Reserve monetary policy meeting will officially kick off in Washington. As the inflation path becomes bumpy, the originally clear prospect of interest rate cuts by the Federal Reserve is overshadowed. The institution expects that the Federal Open Market Committee (FOMC) will continue to maintain interest rates unchanged, and Federal Reserve Chairman Powell's attitude on interest rate cuts remains the focus. Meanwhile, after meeting minutes and successive statements from Federal Reserve officials, the details of the adjustment of the balance sheet became another highlight.