Fed Chairman Powell: Monetary policy still needs to be "moderately restrictive" to the economy

Odaily News Fed Chairman Powell said at a press conference that given the current state of inflation, monetary policy still needs to impose some restrictions on the economy. The current interest rate level is not very high. The current policy can be said to be moderate or moderately tightened, and it may now be more inclined to be "moderately restrictive." He added: "If you look at the current economic performance, you will find that it does not behave like it is experiencing 'very tight monetary policy'." (Jinshi)