“We have a lot of work left to do on inflation.”

“It's premature to think rate cuts are around the corner.”

“Far too early to declare victory.”

“We need to get inflation on a consistent trajectory to 2%, need more evidence to feel confident to adjust policy rate.”

“Any early signs that the labor market could falter could also trigger policy adjustment.”

“Important to look at any rise in delinquency rates as an early sign of economic weakness.”