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

As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.

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

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

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