- Monetary policy is still tight to reduce inflation.
- Progress on Fed’s goals is not guaranteed; vigilance is needed.
- Fed aims for 2% inflation while maintaining full employment.
- Continued economic growth is still possible.
- Labor market has cooled and is stabilizing.
- The economy has improved, with lower inflation.
- Expect some economic challenges ahead.
- Efforts for a soft landing are ongoing.
No clear indication about the upcoming meeting was given.