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We've just come through a two-day meeting and we've done a deep dive on economic and financial conditions at the United States and around the world and thought about our policy, and we do think our policy stance is appropriate right now.We don't see a strong case for moving in either direction. So, we do of course though as a routine matter as you will know. We look not only at our baseline but we also look at alternative simulations both better and worse and we ask ourselves what the appropriate policy response would be. But that's all we do and I would just say that we're comfortable the committee is comfortable with our current policy stance.

TK