Jerome Powell: “Growth is definitely stronger than we thought, and inflation is coming a little higher.”

If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.

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

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

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