Jerome Powell: “It is a big bill. There is a lot in there. I think it is a very constructive enterprise, and I think the aspects of it…”

If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.

Rising downside risks to employment have shifted our assessment of the balance of risks

The outlook for employment and inflation does not appear to have changed much since our September meeting

We may approach that point in coming months