Analyst: A restrictive stance does not rule out the possibility of lowering interest rates

Analyst Chris Anstey stated that maintaining a "restrictive stance" does not rule out the possibility of lowering interest rates. Powell mentioned two possible rate cut scenarios last month, one is due to the economy returning to normal and cutting interest rates, and the other is being forced to cut interest rates in case of an economic recession. Even if we start cutting interest rates before the economy truly recovers to "normal", monetary policy still has certain restrictions. Therefore, we should reserve our judgment on comments about needing a "restrictive stance for some time" in the meeting minutes, as this stance may not necessarily prevent rate cuts.