- Says 6-7% is 'definitely not my baseline' but will be data dependent
- There are some favorable things underway, cities supply chains and goods prices
- Sees 3-3.5% inflation next year
- Inflation is still high in core services and that will probably be persistent
- We're clearly not in a recession right now
- We're going to have an economy growing modestly next year
- I don't think we've lost credibility at all
That last one is a stretch.
