Summary of Fed Chairman Powell's speech:

The economy is still stable, so the decision will be made cautiously (possibly delaying the rate cut)

Commitment to the target of bringing inflation to 2%, but inflation will not decrease steadily (meaning that inflation may increase again and then continue to decrease, so the forecast of inflation increasing again this month has been predicted in advance)

Fed Chairman Powell re-emphasized the independence of the Fed, so monetary policy decisions cannot be reversed or reconsidered by the US government or Congress

It is understandable that if Powell has decided on a policy, it will be like that, "Trump" wants to intervene to change to another monetary policy but cannot

Fed Chairman Powell: In this post-election period, it is still too early to make assessments about the impact of Trump's policies (Trump's policies will not have much impact during this period)