Federal Reserve official says policy can adjust to new data

A Federal Reserve official said current policy is positioned to respond based on incoming data, the evolving economic outlook, and the balance of risks. The statement provided no specific projections or policy changes. It focused on the framework officials use to assess conditions as new information arrives.

Officials have previously indicated they will monitor inflation, employment, and financial conditions before adjusting policy. No timeline for the next decision was given. The remarks come as markets continue to track economic releases for signals on the path of interest rates.