Powell: Current Interest Rates Appropriate, Signals Potential Policy Shift at Next Meeting

Published: Apr 30, 2026 17:26

Save

Fed Chairman Powell noted that the current interest rate level was in a good place. He also mentioned that the number of officials supporting a shift toward a neutral monetary policy stance had increased, and even suggested that changes to the current easing bias might be considered as early as the next meeting. He emphasized that no one was calling for a rate hike, and those who disagreed with the easing stance were not leaning toward raising rates either. Powell also indicated that if there were a need to raise or cut interest rates in the future, the US Fed would signal in advance and take appropriate action. Additionally, it was necessary to monitor energy and tariff issues before considering an interest rate cut.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Rise in Primary Aluminum Liquid Metal Ratio Lower Than Expected in April, Expected to Edge Higher in May 【SMM Analysis】

Common.Time.minsAgo

Global Aluminum Market Review – April: Divergent Domestic & Overseas Trends and Marked Spot Structure Disparities

Common.Time.minsAgo

April Global Aluminum Market Review: Divergent Domestic and International Trends with Significant Differences in Spot Structure [SMM Analysis]

In April, the global aluminum market exhibited a core pattern of LME outperforming SHFE with divergent trends. The most-traded SHFE aluminum contract fluctuated at highs before pulling back, while LME aluminum maintained strength supported by low inventory and geopolitical factors, with both experiencing slight corrections at month-end. This month's market-driving logic revolved around macro policies, geopolitical conflicts, supply and demand fundamentals, and inventory structure, with core indicator trends further highlighting the differences in supply-demand imbalances between aluminum markets in and outside China.

Common.Time.minsAgo