Jerome Powell: “I think oil prices could be affected. I think that is a big concern in Europe, for example.”

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.

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

We may approach that point in coming months