Risk to overall economy is roughly balanced
- US economy has grown at a solid pace
- unemployment expected to fall further
- wage growth faster than a year ago
- wage is not growing as fast as before crisis
- Q2 considerably stronger than Q1
- Hard to predict trade, fiscal policy outcome
- risk to overall economy is roughly balanced
- best policy is to keep gradually raising rates
- financial conditions favorable to growth
- economic growth outlook brought solid
- financial conditions favorable to growth
- recent inflation readings are encouraging
- inflation on target with appropriate monetary policy
Here is the link to the prepared remarks:
