- I will support additional rate cuts if progress on inflation continues as expected.
- I want a balanced approach to make progress on inflation and avoid an undesireable slowdown in jobs and economic growth.
- Our approach to any policy decision will continue to be data dependent.
- If downside risks to employment escalates, cutting rates more quickly may be appropriate.
- If incoming data do not provide confidence inflation is moving toward 2%, slowing normalisation may be appropriate.
Fed's Kugler