Fed: will weigh data when considering future monetary policy adjustments, Fed firmly committed to 2% inflation target

The Federal Reserve's semi-annual monetary policy report said the Fed will weigh the data when considering future monetary policy adjustments, the Fed is firmly committed to achieving the 2 per cent inflation target; inflation expectations appear to be ‘generally consistent’ with the Fed's 2 per cent inflation target. The United States financial situation still appears to be somewhat tight, and the United States financial system remains ‘robust and resilient’.