Analyst: The Federal Reserve's description of inflation has become more convergent

ChainCatcher news, institutional analysts indicate that the most notable part of the statement so far is that the Federal Reserve has become more cautious in expressing too much certainty about progress on inflation. Officials tend to gauge underlying inflation using September data, but it is important to remember that there is a lot of data showing strong economic growth. Coupled with a prospective president who supports underlying inflation policies, the Federal Reserve may enter a wait-and-see mode.