According to online reports, Federal Reserve Chairman Powell delivered a speech on the economic outlook. He said that we are facing a highly uncertain outlook. Until there is greater certainty about the details, assessing the likely economic impact of tariffs will be very difficult. While uncertainty remains high, it is now clear that the tariff increase will be significantly larger than expected. The same could be the economic impact, including higher inflation and slower growth. The extent and duration of these effects remain uncertain. We will continue to pay close attention to upcoming data, changing prospects and risk balances. We are ready to wait for clearer news before considering adjusting our policy stance. It is too early to say what the appropriate path for monetary policy will be.