Hi, Ann Safir with Reuters. Nice to see you again. Um, so I need a little help here, too.You've you've said repeatedly you have no tolerance for inflation. Um, and yet we are seeing above target inflation repeatedly for 5 years and through your term so far. And sure, you have no magic wand, but you have not taken action.You just gave us a little peek at your reaction function as well. You said that if underlying inflation is rising that you would tend to uh think that you might need to tighten and with the ...

Today, as you know, our committee decided to vote by a nineto-3 vote to maintain the target range for the federal funds rate at three and one half to three and threequarters percent. The committee is continuing its policy of making ample reserves in the banking system. The economy is showing impressive resilience even with recent shocks.The trends are positive and reveal solid growth. Job gains have kept pace with the workforce and the unemployment rate has changed little. Inflation remains elevated relativ ...