Deep Tide TechFlow news, on May 15, according to Jinshi data reports, Federal Reserve Chairman Powell stated that the Fed is adjusting its overall policy framework to respond to significant changes in inflation and interest rate prospects after the pandemic in 2020. Powell said, "Since 2020, the economic environment has changed significantly, and our assessment will reflect our evaluation of these changes." The Fed adopted the current framework five years ago and began evaluating it this year. The evaluation is unlikely to affect the way the Fed currently sets interest rates. Powell had previously stated that the Fed may complete this process and announce the results before August or September. Powell stated that after the pandemic in 2020, inflation-adjusted 'real' interest rates have risen, which may affect the elements of the Fed's current framework. He said, "Higher real interest rates may reflect the possibility that inflation could be more unstable in the future than during the crisis periods of the 2010s. We may be entering a period of more frequent and possibly more persistent supply shocks — a daunting challenge for the economy and the central bank."