Jerome Powell: “We will do that. I will say, though, that monetary policy as a tool is famously a broad--it is a broadly effective tool.”

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

Stopping sooner could have made some difference, but not likely enough to fundamentally alter the trajectory of the economy

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

It is not a foregone conclusion