Powell: Policy rates remain relatively low and will be raised to address high inflation

BlockBeats news, June 22, the Federal Reserve Chairman Powell said: "Our policy is still in the relatively low interest rates, we want it to rise to a" neutral "level. To increase the interest rate to the level of moderate limit is appropriate, we need to go beyond this level to deal with very high inflation. We will by raising interest rates to achieve this goal, but of course, our rate of amplitude depends on the data. We are far away from the inflation target." The (golden) ten