PANews reported on January 29 that according to Jinshi, the Fed's interest rate decision will be announced in Washington at 3:00 Beijing time on Thursday, and Fed Chairman Powell will hold a post-meeting press conference 30 minutes later. Since September last year, the Fed has cut interest rates for three consecutive meetings, lowering the benchmark interest rate by a full percentage point, and the current target range is 4.25% to 4.5%. Several policymakers said they expect to reduce the rate cuts this year after data showed that the US economy is solid and inflation is stickier than expected. Still, given the release of a series of surprising data and uncertainty surrounding how the US economy will respond to Trump's series of bold new policies on trade, taxation, immigration and regulation, officials are unlikely to commit to any specific interest rate path.