Gate News bot news, The Federal Reserve (FED) Chairman Powell recently delivered a speech, announcing that the FED will maintain the current interest rate level. He pointed out that the current weakness in economic growth is hedging against rising inflation, and the FED still expects to cut rates twice in 2025. Powell emphasized in his speech: "Our obligation is to keep long-term inflation expectations stable and ensure that one-time price increases don't become an ongoing inflation problem. We're better off waiting for clearer information before considering adjusting our policy stance. It's premature to say what the appropriate path of policy will be."