- Expects supply chain disruptions to extend through 2022
- Expects more than 4% GDP growth in 2022
- Expects unemployment to fall below 4% sometime in Q1 of 2022
- We have quite a bit of inflation
- If inflation is more persistent, we may have to take a little sooner action in order to keep inflation under control
- We’ve done a lot to move the policy in more hawkish direction
- If we had to, we could end taper somewhat sooner than June