- Monetary policy well-positioned to achieve Fed goals
- Modestly restrictive policy should return inflation to 2%
- Inflation to hang around 2.5% this year and fall to 2% next year
- Fed has made significant progress lowering inflation
- Inflation expectations are well anchored
- US economy is in a good place
- Economic outlook is highly uncertain due to government policy
Everyone at the Fed is saying the same thing: Wait and see.
