Our policy appears to be close to neutral now.
We have been moving monetary policy toward neutrality for some time, and our policy appears to be close to neutral now.
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,
Any policy adjustment need not take place in the near future,
The current level of short-term interest rates cannot be maintained indefinitely, ... However, any policy adjustment need not take place in the near future.