PANews reported on April 4 that according to Jinshi, Federal Reserve Chairman Powell gave a speech on the economic outlook. He said that recently, our progress in achieving the 2% inflation target has slowed down. In the 12 months ending in February, total PCE prices rose by 2.5%. Core PCE prices, excluding the more volatile food and energy categories, rose by 2.8%. Looking ahead, higher tariffs will play out in our economy and may increase inflation in the coming quarters. By most indicators, long-term inflation expectations (expectations for inflation in the next few years) remain well anchored and consistent with the 2% inflation target. We remain committed to returning inflation to the 2% target sustainably.