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Federal Reserve Chairman Jerome Powell has recently been frequently criticized by President Trump, earning him the new nickname "Too Late." This is not just a war of words, but it also rekindles the long-standing impression in the market that the Federal Reserve is "behind the curve." This time, with the new round of tariff policies and the chaotic intermingling of economic signals, whether Powell's wait-and-see strategy is correct has become a focal point of high interest in the market.