Reasonable.

- The FED will make more "sensible" decisions if it waits a few more months.

- The FED predicts a "significant" level of inflation in the coming months, while the unemployment rate remains at a "reasonable" level.

- The FED is currently in a favorable position to wait before making policy adjustments.

- Mr. Jerome Powell declined to directly answer questions about President Trump's recent harsh comments.

👉As expected, the FED Chairman has chosen a cautious approach.

#PowellRemarks