Federal Reserve officials agreed to "proceed carefully" on rates, reiterating that they need more evidence that inflation was trending down toward their 2% target before they could declare victory in their fight to slow the pace of consumer price gains.
美聯儲官員同意在利率問題上 “謹慎行事”，他們重申他們需要更多證據證明通貨膨脹率已降至2％的目標，然後才能宣佈在減緩消費者價格上漲步伐的鬥爭中獲勝。
"All participants agreed that the Committee could proceed carefully and that policy decisions at every meeting would continue to be based on the totality of incoming information and its implications for the economic outlook and the balance of risks," the minutes read. "Further tightening of monetary policy would be appropriate if incoming information indicated that progress toward the Committee's inflation objective was insufficient."
會議紀要寫道：“所有與會者都同意，委員會可以謹慎行事，每次會議的政策決定將繼續以收到的全部信息及其對經濟前景和風險平衡的影響爲基礎。”“如果收到的信息表明委員會通貨膨脹目標的進展不足，則進一步收緊貨幣政策是適當的。”
While financial conditions have tightened significantly, Fed officials viewed "factors such as a fiscal outlook that suggested greater future supply of Treasury securities than previously thought and increased uncertainty about the economic and policy outlooks as likely having contributed to the rise in the term premiums."They stressed the need to closely monitor market developments, noting that "persistent changes in financial conditions could have implications for the path of monetary policy."
儘管金融狀況已大幅收緊，但美聯儲官員認爲，“財政前景表明美國國債未來供應量比先前想象的要多，以及經濟和政策前景的不確定性增加等因素可能是期限保費上漲的原因。”他們強調需要密切關注市場發展，並指出 “金融狀況的持續變化可能會對貨幣政策的路徑產生影響。”
The staff expects GDP growth to slow "markedly" from its third quarter rate after growing unexpectedly fast. The committee expected PCE inflation should reach 3% by the end of the year. The FOMC also cited risks from a potential government shutdown, student loan payback, and conflict in the Middle East that could impact financial conditions and threaten the progress in the fight to cool inflation.
工作人員預計，在出人意料地快速增長之後，國內生產總值增長將從第三季度 “顯著” 放緩。該委員會預計，到今年年底，個人消費支出通脹率將達到3％。聯邦公開市場委員會還列舉了潛在的政府關閉、學生貸款償還和中東衝突帶來的風險，這些風險可能會影響金融狀況並威脅降溫通脹的進展。
Officials said the recent tightening of economic conditions driven by higher longer-term yields may have longer consequences than previously thought.
官員們說，最近由較高的長期收益率推動的經濟狀況緊縮的影響可能比以前想象的要長。