Fed press conference:
New York Times: As expectations for the Fed's rate cut change, what should we think of this move? Is this because current interest rates are not high enough to continue to hold back inflation?
FED: It is true that expectations have changed, but I would like to emphasize that long-term forecasts are based on an uncertain future. I can only say that we believe that monetary policy and interest rates are now tight enough because there is a lot of evidence to show that.
