[Federal Reserve Chairman Powell: Missing Economic Data May Lead to Pausing Rate Adjustments] On October 30, Federal Reserve Chairman Powell stated that missing economic data could be a reason to pause rate adjustments. In the absence of sufficient data, the Federal Reserve may need to adopt a more cautious approach. He noted that a government shutdown could impact the December meeting.

[Federal Reserve Chairman Powell: Difficult to Gain Detailed Understanding of Economy During Government Shutdown] Federal Reserve Chairman Powell stated that during a government shutdown, the Fed finds it challenging to gain a very detailed understanding of the economy. Currently, the Fed is using PriceStats and Adobe data to assist in monitoring inflation, but Powell emphasized that private sector data cannot replace government statistics.

[Federal Reserve Chairman Powell Says Inflation Rate Near Target After Removing Tariffs] Federal Reserve Chairman Powell stated that the inflation rate, after removing tariffs, is not far from the 2% target.

[CME Data Shows Probability of Fed Rate Cut in December Drops to 71%] On October 30, CME FedWatch data indicated that traders have reduced their bets on a Federal Reserve rate cut in December, with the expected probability of a rate cut at 71%, down from the previous 90%.

[Analyst Says Powell's Remarks Aim to Restore Policy Flexibility] Analyst Joseph Richter pointed out that Federal Reserve Chairman Powell recently stated that a rate cut in December is not a foregone conclusion, which has led to a bear flattening of the yield curve. He believes the market has overreacted. Although the Fed may not take rate-cutting actions at every meeting (despite analysts still expecting rate cuts to be possible), Powell's remarks seem intended to regain flexibility in policy options. The market may interpret this as a hawkish signal, but its actual impact remains uncertain.