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Could hurt economic progress. There was also some discussion of alternative framework on the committee. This is important because president John Williams of San Francisco has been pushing for consideration a price level targeting or an alternate inflation regime as the fed deals with zero lower bound policies Going Forward. There is some note they might drop Balance Sheet language in future statements. Much,t thank you so reporting from the federal reserve. Joining us with more insight on austan policy is goolsbee, a hazard economics at the university of Chicago Business school. A former chairman of the u. S. Council of economic advisers under president obama. Great to speak with you again. You heard from jeanna about the highlights from the fed minutes. Nearterm rate hikes in december has warranted. They have reaffirmed the view a gradual approach to increasing the target range is likely to the dualbjectives, mandate of maximum employment and controlled inflation. Price stability that

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