In a recent public speech, Fed official George stressed concerns over the current path of monetary policy. He noted that market expectations for interest rates align closely with the Fed's internal forecasts, suggesting that market participants also recognize the impact of tightening policies. George further stated that the Federal Reserve will show some tolerance for unexpected minor upward movements in the Consumer Price Index (CPI) as long as long-term data shows inflation trending downward. However, he also expressed concern about the possibility of increased risks of an American recession due to overly high levels of tightening.