shift gears, moving from its current stance, geared to stimulating a recovery, to a more neutral stance.
To keep cyclical price pressures and any transitory spike in energy prices from permanently disrupting the price environment, the Fed will have to continue shifting monetary policy from its current somewhat accommodative stance to a more neutral one,
Indications are that the economy is making up much of the lost ground in the current quarter.
The current level of short-term interest rates cannot be maintained indefinitely, ... However, any policy adjustment need not take place in the near future.