CSPAN Key Capitol Hill Hearings December 20, 2015
Down, that would be of concern. We have called attention to some inght downward movements survey measures. We are watching that. I still judge that Inflation Expectations are reasonably wellanchored. Inflationve tolerated shortfalls that we thought would disappear over the medium term. Just as we did overshoots of inflation that we also judged to be transitory. But we do need to monitor inflation very carefully because if Energy Prices and the dollar prices,stabilize import our expectation is headline and core inflation would move up, and if we failed to see that occurring in a manner that we ...