Jerome Powell: “I do think the main thing that we can do is to make sure that, you know, consistent with the inflation side of our…”

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

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

The Fed’s credibility would be lost.