- Medium and longer-run inflation expectations have stayed remarkably stable
- Inflation is at the forefront of all our thinking.
- Financial markets have adjusted expectations with minimal disruption
- If it's appropriate to hike by 50 bps at a meeting, he will do that
- Says he will watch data and analyze it
- We need to make the right decisiosn based on what we are seeing in the economy
There's nothing notable here so far but it's a reminder to watch inflation closely.
