The U.S. Federal Reserve has kept interest rates unchanged, and the target range of the federal funds rate remains at 0-0.25%.

In addition, the yield of US 10 annual Treasury bonds rose above 1.6%, a record high in more than a year. Fed Chairman Powell said that he is concerned about a series of financial situations and reiterated the need to maintain a loose financial environment to achieve the Fed’s goals.

When asked at an online press conference whether he would adjust the policy, he reiterated that the current policy stance is appropriate.

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