After Powell released the hawk, Federal Reserve Board member Milan "sang a different tune": monetary policy is still too tight and interest rates should be significantly reduced.

According to the Securities Times App, Federal Reserve Board member Milan stated that monetary policy remains contractionary and he will continue to advocate for a significant reduction in interest rates. Milan said on Monday, "The Fed's policy is too tight, and the current policy level is still far from neutral. Compared to some other members of the committee, I am more optimistic about inflation expectations, so I believe it is not necessary to maintain such a strict policy."