Federal Reserve Press Conference Summary .
Near-term inflation expectations have risen, driven by tariffs.
Most long-term inflation forecasts are consistent with a 2% inflation rate.
Avoiding persistent inflation depends on maintaining long-term inflation expectations.
The decline in inflation data is linked to the housing market.
The housing situation is a long-term problem.
It is better to wait a little longer before considering policy adjustments.
We have had three months of positive inflation readings.
The US economy is in a good and strong position.
Tariffs will take some time to protect consumers.
As long as our labor market is healthy and inflation continues to decline,
we should keep interest rates where they are.
It may take some time to see how inflation will affect us.
We expect significant inflation in the coming months.
For now, interest rates should be kept high until inflation declines.
_ Rising crude oil prices may impact inflation.
_ So far, the US economy has not been harmed by tensions in the Middle East.
_ We will act based on economic data.
_ A rate hike is not the primary scenario, but it cannot be ruled out.
