["New Bond King" Gunrake: the Federal Reserve will not continue to raise interest rates] Fannie Mae Ganglak said that the Fed will not continue to raise interest rates; it does not understand the Fed's remarks about the strength of the country's economy; those real economic indicators are "actually terrible"; for the time being, the Fed exaggerates those inflation risks; if the unemployment data meet the Fed's expectations, the Fed will cut interest rates. Powell's press conference on June 14th was hawkish, but not necessarily in action; the Fed has tightened too much.