According to CoinMeta, Federal Reserve Chairman Jerome Powell refuted the view that today's decision not to raise interest rates could lead to doubts about the Fed's commitment to fighting inflation. He stated, "I can tell you clearly that we will never adopt a 'lenient' inflation target." He added that the full impact of inflation on consumers "only became apparent after six years." He pointed out that consumers are feeling the pressure of rising fuel costs, and short-term inflation expectations are also on the rise. At the same time, he expressed confidence that households and businesses have faith in the Fed's ability to maintain price stability.