On the evening of July 1st at 21:30 Beijing time, Federal Reserve Chairman Powell attended the European Central Bank's central bank forum and engaged in a panel discussion with the governors of the other four major central banks, which became the focal point of attention. During the discussion, Powell noted that the vast majority of Federal Reserve committee members expect to lower interest rates later this year and could not say whether considering a rate cut in July is too early; he also stated that if it weren't for Trump's tariff policy, the Federal Reserve would likely be implementing a more accommodative MMF policy now. What policy signals did Powell rarely convey? Considering the impact of Trump's tariffs, when do you think the Federal Reserve will lower rates next?