We believe its restrictive. Liz hi, everyone. Youre watching the claman countdown on fox business. The markets are soaring after the Federal Reserves held rates steady for the sixth meeting in a row and chair Jerome Powell pushed back on the idea of rate hikes and answered questions from financial reporters. Lets go back there live. Employment about 4 and feels like a steady state and 3 inflation and if the data remains the same youre see asking you dont see a rate hike and stands to reason for rate hike and 2 inflation and any discussion about a hike in todays meeting. Are you satisfied with 3 inflation for the rest of the year . Of course, were not satisfied with 3 inflation. 3 cant be in a sentence with satisfied. Well return inflation to 2 over time. But overtime. X we think our policy stance is appropriate to do that. If we were to conclude that policy is not sufficiently working to bring it down, thats what it would take for us to want to increase inflation. We dont see evidence
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