Jerome Powell: “[It] doesn’t affect doing our job at all. We're always going to consider only the economic data, the outlook, the…”

The Fed’s credibility would be lost.

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

The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.

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