Odaily News The Federal Reserve Board of Governors member Mester stated that the current downside risks are greater than they were a week ago, as the economy is more susceptible to shocks due to tightening policies. With the shift in risk balance, there is an urgent need to transition to a more neutral policy, and the Fed must consider new tail risks. (Jin10)
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The Federal Reserve Board of Governors Milan: There is a more urgent need to shift towards a more neutral policy.
Odaily News The Federal Reserve Board of Governors member Mester stated that the current downside risks are greater than they were a week ago, as the economy is more susceptible to shocks due to tightening policies. With the shift in risk balance, there is an urgent need to transition to a more neutral policy, and the Fed must consider new tail risks. (Jin10)