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According to ChainCatcher, Bloomberg economist Anna Wong commented on Powell's remarks, stating, "Powell's comments today were not dovish. Over time, people will realize just how hawkish his statements actually were. This kind of instinctive market reaction, which is later reversed, has happened before." "Today, he perfectly demonstrated how to walk a tightrope: on one hand, soothing political pressure by offering just enough hints of rate cuts for everyone to interpret as they wish, while on the other hand, subtly laying the groundwork for a hawkish response, all without revealing his true intentions."

According to ChainCatcher, citing relevant media reports, Canada will lift the retaliatory tariffs imposed on numerous American products that comply with the existing North American trade agreement, aiming to ease tensions with the White House. Canadian Prime Minister Mark Carney is expected to announce this decision on Friday after a cabinet meeting. According to sources familiar with the matter who requested anonymity, the government will adjust its tariff policy to better align with U.S. measures. This means that as long as they meet the provisions of the USMCA, many American consumer goods will no longer face a 25% tariff when exported to Canada. However, the Canadian government may maintain the 25% import tariff on U.S. steel and aluminum products, as well as tariffs on American automobiles. U.S. President Trump has already imposed tariffs on these industries.