According to Jinshi, Fed Governor Bowman reiterated on Thursday that she is not ready to support the central bank to cut interest rates while inflation pressures remain high. She believes that the Fed's current interest rate stance is still "restrictive" and price pressures will cool even if monetary policy remains at current levels. She said that if future data show that inflation is continuing to move toward our 2% target, it will eventually be appropriate to gradually reduce interest rates to prevent monetary policy from becoming too restrictive. But we have not yet reached the right time to lower the policy rate and continue to see some upside risks to inflation. And if future data show that inflation progress has stagnated or reversed, we are still willing to raise the federal funds rate target range at future meetings.