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Fed's Moussailem: Policy is approaching neutrality, and the room for easing is limited.
Golden Finance reports that Fed's Mousalem reiterated on Thursday that he believes the current monetary policy is closer to neutral rather than slightly tightening. This means that there is limited room for further easing of the monetary policy without becoming overly loose. Mousalem stated, "Looking ahead, we need to proceed with caution." He pointed out that the inflation rate is too high, reaching 3%. He added, "I believe we need to continue to apply pressure on inflation that is above the target while providing some support for the labor market."

