Key points from the US Federal Reserve press conference:

_ The economy is growing at a strong pace.

_ Our job is to monitor economic data.

_ We will continue to track all economic factors; inflation remains unchanged.

_ Financial conditions have tightened since the decision to raise interest rates in September.

_ It is our duty to intervene when necessary—which is what we did at the previous meeting when we decided to raise interest rates.

_ We have not yet achieved price stability, but we are working toward it.

_ Financial conditions are not "restrictive."

_ The central bank will reduce the number of meetings in which members vote on interest rates.

_ Inflation is too high, but we are working to address it.

_ The focus remains on the mandate to achieve price stability; the employment situation was described as "very positive."

_ Interest rates have affected the financing of artificial intelligence, though without leading to significant monetary tightening.

_ I do not believe the midterm elections will influence my decisions or those of my colleagues.

_ Economic growth has strengthened.

_ I do not expect any decisions on interest rates or the issuance of statements during meetings dedicated to general policy discussions.

_ Warsh avoids answering a question regarding further interest rate hikes.

_ Warsh defends the Federal Reserve’s efforts to combat inflation.

_ Changing the meeting schedule will provide the Federal Reserve with time to reflect on "major issues."