Powell: The uncertainty of the economic path is extremely high, and the downside risk has increased

On May 8th, Federal Reserve Chairman Powell stated that the uncertainty of the economic path is extremely high, and the downside risk has increased. Uncertainty may be reflected in weak economic data; The risks of rising unemployment and inflation have increased, but have not yet appeared in the data; The correct approach is to wait for further certainty. Enterprises and households are generally concerned, and if no measures are taken to alleviate these concerns, it is expected that these concerns will become apparent in data weeks or months from now.