Jerome Powell: “It is the right thing to be able to get direct fiscal assistance here to our cities, and it will shorten the economic…”

We may approach that point in coming months

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

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