ChainCatcher News, according to Jinshi reports, Chris Grisanti, Chief Market Strategist at MAI Capital Management in New York, stated that today’s Federal Reserve statement and press conference were clearly hawkish. The description of economic activity was upgraded from “moderate” to “solid,” and language regarding downside risks to employment was removed. Powell said that the employment situation has “stabilized,” and although inflation is stabilizing, it remains “slightly high.” He believes that there will be no rate cuts in the short term, and with the economy continuing to strengthen, there may also be no rate cuts in 2026.