Don't mention Trump to me! Powell's press conference: There's no need to overinterpret the wording and change people's "don't think the economy is good". At 3:30 am Beijing time on Friday, Federal Reserve Chairman Powell held a press conference to answer global media questions about the decision to continue cutting interest rates by 25 basis points and market hot topics. Powell emphasized in his opening speech that the Federal Reserve does not have a predetermined policy path, and the committee will carefully examine every subsequent data release, constantly changing outlook, and weigh risks. In fact, Powell emphasized throughout the press conference not to mention the name of 'that person' to me and did not want to answer any political questions. He stated that the US presidential election has no impact on monetary policy in the short term.