1. The Federal Reserve kept the interest rate range of 3.50%-3.75% unchanged, and the wording maintained a hawkish tone. 2. The Federal Reserve will make every effort to bring inflation back to the target level of 2%. 3. Walsh said there is no “target for easing inflation,” and the Federal Reserve's policy position will not waver. 4. The US economy has shown strong resilience, and the labor market remains stable. 5. Continued high inflation over the past five years has damaged market confidence, and the Federal Reserve is determined to restore policy credibility. 6. The Federal Open Market Committee held full and intense discussions; Walsh said he encouraged full debate and integration of diverse views. 7. The committee assessed four core topics: inflationary stickiness, recent economic shocks, price pressure caused by shocks, and monetary policy instruments. 8. Walsh pointed out that the Federal Reserve is currently in a careful investigation stage, not simply a “wait-and-see phase.” 9. The Federal Reserve will not make judgments based on a single piece of data, focusing on inflation trends rather than a single data report. 10. Financial conditions at the market level have been spontaneously tightened, but the Federal Reserve will not be held hostage by market pricing. 11. Walsh said that the Federal Reserve attaches importance to market signals, but will make independent policy decisions. 12. Reducing forward-looking guidance is an intentional arrangement, and the Federal Reserve avoids overly guiding market expectations.

1. The Federal Reserve kept the interest rate range of 3.50%-3.75% unchanged, and the wording maintained a hawkish tone. 2. The Federal Reserve will make every effort to bring inflation back to the target level of 2%. 3. Walsh said there is no “target for easing inflation,” and the Federal Reserve's policy position will not waver. 4. The US economy has shown strong resilience, and the labor market remains stable. 5. Continued high inflation over the past five years has damaged market confidence, and the Federal Reserve is determined to restore policy credibility. 6. The Federal Open Market Committee held full and intense discussions; Walsh said he encouraged full debate and integration of diverse views. 7. The committee assessed four core topics: inflationary stickiness, recent economic shocks, price pressure caused by shocks, and monetary policy instruments. 8. Walsh pointed out that the Federal Reserve is currently in a careful investigation stage, not simply a “wait-and-see phase.” 9. The Federal Reserve will not make judgments based on a single piece of data, focusing on inflation trends rather than a single data report. 10. Financial conditions at the market level have been spontaneously tightened, but the Federal Reserve will not be held hostage by market pricing. 11. Walsh said that the Federal Reserve attaches importance to market signals, but will make independent policy decisions. 12. Reducing forward-looking guidance is an intentional arrangement, and the Federal Reserve avoids overly guiding market expectations.