[Federal Reserve Governor Milan: Decline in Neutral Rate Intensifies Policy Tightening, Potential Risks Must Be Watched] Federal Reserve Governor Milan pointed out that the decline in the neutral rate has made current monetary policy more restrictive. He emphasized that failing to make appropriate adjustments to monetary policy could pose certain risks. Nevertheless, he remains relatively optimistic about the inflation outlook, expressing more confidence compared to many other perspectives. At the same time, he cautioned that prolonged tightening policies could bring potential risks, which require vigilance.