Jerome Powell: “We are seeing communities, including African-American communities, that are being reached by the jobs market in a way…”

The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.

We do not take into account the fortunes of any political party or politician.

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

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