Walsh reiterates 2% inflation target at the outset, stating there is no "soft target"

Odaily Planet Daily News: Federal Reserve Chair Walsh reiterated at the outset of the press conference that the Fed remains firmly committed to achieving its 2% year-over-year inflation target. Walsh stated that the committee is unwavering in its pursuit of price stability. In the current environment of uncertainty, refraining from providing forward guidance is a "prudent" approach. He emphasized to reporters that the Fed does not have a so-called "soft inflation target" nor any other implicit target, and the sole inflation target is 2%.

Discussing the overall economic situation, Walsh noted that the U.S. economy has demonstrated "impressive resilience," with the overall development trend remaining positive despite a series of recent shocks. (Jin Shi)