Jerome Powell: “Despite elevated levels of uncertainty, the US economy continues to be in a good place.”

If we move too slowly, there may be unnecessary losses, painful losses in the employment market.

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

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

Without the ability to pay interest on reserves, the Fed would lose control over rates