Chairman Powell, "Weekend high-level US-China meeting results are very important"

Jerome Powell, Chairman of the United States Federal Reserve (Fed), placed significant importance on the upcoming weekend’s US-China high-level meeting. When a reporter asked about the meeting's significance, Chairman Powell responded, “It is difficult to provide specific answers since I am not directly participating or involved in the meeting. Trade issues are for the government to resolve.”

Nevertheless, he emphasized, “How the dialogue between the United States and China proceeds will be very important,” highlighting the impact of the results of negotiations between the two countries on the global economy and trade environment.

Experts analyze that this US-China meeting could have far-reaching effects not only on trade agreements but also on technology regulations and financial markets. Powell's remarks are seen as potentially having a direct impact on the Federal Reserve's monetary policy decisions.