Powell: A majority of FOMC feel it will be appropriate to reduce rates again by year-end

So from our standpoint um as you will have seen a solid majority of FOMC participants do expect that it will become appropriate uh later this year to begin to reduce rates again. And so um and u that will depend though as Christine just mentioned on the incoming data. We'll be monitoring particularly what does show up in terms of of inflation or what does not show up and also carefully watching the labor market.you know, there we watch very carefully for signs of of unexpected weakness. We see a gradual coo ...