Federal Reserve Chairman: The committee has a wide divergence on interest rate cuts, it's unlikely to cut rates in March

Federal Reserve Chairman Powell stated that interest rates may have peaked and have clearly entered a restrictive range; if necessary, he is prepared to maintain the current interest rate for a long time. No suggestions for rate cuts were proposed at this meeting, nor was there active consideration of lowering rates. In addition, the committee has wide disagreements on rate cuts, believing it's unlikely to cut rates in March; according to data, the timing of rate cuts could be delayed or brought forward; it's uncertain how many months of low inflation are needed to gain "confidence".