My expectation is the task forces will begin work 'in the next couple weeks'Most or all will conclude by year endThe 'no reason' comment is hawkish.More:Inflation is primarily determined by monetary policyWe have the capability to deliver on 2% and that's exactly what we're going to doCan't provide forward guidance, we will meet again in six weeksPolicy on housing appears somewhat restrictive, but I would have a hard time saying that about financial marketsPolicymakers don't feel bound by dotsPretty open minded about communicationsColleagues have been very open about changesImportantly, he repeatedly talked about delivering on the Fed's mandate and immediately highlighting the part on price stability and not mentioning the employment side of the mandate. "Fed statement says that inflation is primarily determined by monetary policy. You bet it is. I've said for years inflation is a choice. You bet it is.""We've missed on inflation for five years and we're going to fix that"Criticizes survey data statisticsMarkets react best when they react to incoming info, not 'how will the Fed react' This article was written by Adam Button at investinglive.com.