#JacksonHoleEconomics:
đ "It is time to adjust monetary policy. The path is clear. The timing and pace of interest rate cuts depend on incoming data, evolving expectations, and the balance of risks."
đ "I have more confidence that#inflationis on a sustainable path back to 2%"
đ âThe labor market seems unlikely to be a source of high inflationary pressures anytime soon. We neither seek nor welcome a colder labor market.â
đ "Inflation and labor market data show an evolving situation, with upside risks to inflation diminishing and downside risks to employment increasing."
đ "We will do our utmost to support a strong labor market while making further progress toward price stability." #_Business