Powell “Although policy is restrictive it may not be restrictive enough

 and it has not been restrictive for long enough,” 

Powell said Wednesday during a panel hosted by the European Central Bank forum in Sintra, Portugal.

https://www.bloomberg.com/news/articles/2023-06-28/fed-s-powell-says-policy-may-not-be-restrictive-enough-yet

Englund: Sintra23 (englundmacro.blogspot.com)