- Comments from Powell
- Citing the JOLTS report, which includes quits as an indication that the labor market is gradually improving its balance.
- It is evident that our current policy is restrictive, and over time, it may become even more so, with data supporting this observation.
- We are dedicated to maintaining the current restrictive policy for as long as it remains suitable, and we will continue to do so.
- In my opinion, it is improbable that the next policy adjustment will involve a rate hike.
- I believe that concrete evidence would be necessary to prove that our policy is not restrictive enough, and at present, I do not think such evidence exists.