Growth is slowing but economic fundamentals are relatively solid.We cannot wait for all on the uncertainty to be behind us.Have to look at the whole picture and not focus too much on 1 or 2 specific indicators.the number 1 concern is the inflation picture but she is of course looking out on the employment side as wellUpside risk to inflation, downside risk to employment.They are anticipating into the next quarter and into next year that inflation will remain elevated.Does not rule out a larger impact from tariffs on inflationNot a done deal terms of what we do at next meeting. The risks on both sides of the mandate have into rough balance.She is not that worried about inflation expectations moving up.Policy is moderately restrictive which is appropriate. She is laser focused on the data.Repeats that the underlined fundamentals are still quite healthyThe comments are probably not far from what we might expect from Fed Chair Powe;; US equities are trading higher in premarket: Dow industrial average at 150 point. S&P up 14.58 points (S&P is on its largest losing streak since January 2)NASDAQ index is up 32.6 point This article was written by Greg Michalowski at investinglive.com.