Fed semi-annual monetary policy report: Ongoing increases in Fed funds are necessary

• Financial conditions have tightened significantly since June
• For core services ex-housing sector, inflation remains elevated; prospects for it slowing may depend in part on an easing of tight labor market conditions
• Market liquidity remained low in Treasury and other key markets
• Bringing inflation back to 2% likely requires period of below-trend growth, some softening of labor market conditions
• Underlying momentum in the economy likely remains subdued
• Core foreign inflation remains high and inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term pressures are broad
• Will adjust balance sheet drawdown Drawdown In financial trading, the drawdown represents the amount of money a trader can lose or has lost, following a series of losing trades. This is measured from the high of the trader’s capital to its low, over a given period of time. This is usually expressed as a percentage of a trader’s account. The current drawdown is simply the amount of money a trader’s balance has been reduced by in a given time, without necessarily closing out at that point.For example, if a trader placed an initial deposit o In financial trading, the drawdown represents the amount of money a trader can lose or has lost, following a series of losing trades. This is measured from the high of the trader’s capital to its low, over a given period of time. This is usually expressed as a percentage of a trader’s account. The current drawdown is simply the amount of money a trader’s balance has been reduced by in a given time, without necessarily closing out at that point.For example, if a trader placed an initial deposit o Read this Term process if there is a need to
• Tight labor market conditions have largely erased pandemic-induced widening of employment caps across demographic groups
• Rate hikes have narrowed gap between policy rule settings and real-world level
• Labor force participation rate is likely to remain well-below its level from before the pandemic

I don't think the Fed is trying to send any signals with this report but it's a nice review of what the Fed is worried about.