Because he was in the quiet period, Powell did not talk about anything related to U.S. monetary policy, nor did he talk about anything related to himself, which is also in line with Powell's character.
Cato_KT
Cato_KT22.7. klo 18.35
Tonight, Powell will have the opportunity to respond for the first time in public to the pressure tests from Washington. Of course, the main reason for saying there is an opportunity is that it cannot be ruled out that Powell will once again use his "Tai Chi skills" to keep himself out of trouble. Currently, Powell seems to be in a situation where "all sides are enemies" and "surrounded on all fronts," but Powell himself knows that as long as he can hold out until July 30, all the pressure will ease. Entering August, Trump and his team will refocus on tariff issues, and before September, the only window for interest rate cuts will have closed. At that point, even if they manage to deal with Powell, there won't be much they can do—at most, it might increase the extent of the rate cut in September? Tonight, let's watch how Powell "debates the scholars." To be honest, as long as Powell can withstand Trump's pressure and survive until the economic transition without issues, then these will all be points in Powell's favor in American history! History is not short of stories where enemies have made "heroes!"
30,68K