According to online reports, Federal Reserve Chairman Jerome Powell once again stressed that the Federal Reserve will focus on preventing tariff-driven price increases from turning into a more persistent inflationary fever. "Our responsibility is to maintain a firm anchor in long-term inflation expectations and ensure that one-time price increases do not turn into persistent inflation problems," Powell said in a speech prepared for the Chicago Economic Club on Wednesday. He also pointed out that policymakers will maintain a balance between their own goals of promoting full employment and maintaining price stability,"keeping in mind that without price stability, we cannot create long-term strong labor market conditions that benefit all Americans." This statement strengthened Powell's key signal repeatedly sent that Fed officials are in no hurry to adjust benchmark policy rates. He also made such a voice not long ago on April 4. Powell and other Fed policymakers have expressed support for keeping interest rates unchanged while waiting for clearer signals on how President Donald Trump's economic policies, especially at the trade level, will affect the U.S. economy. Powell acknowledged that economic weakness and rising inflation could ultimately bring the Fed's two goals into conflict. "We may find ourselves in a challenging situation where our dual mission goals constitute a conflict," he said."If that happens, we will consider the distance between the economic situation and the goals, and the potential different time dimensions that these gaps are expected to require to close."