According to online reports, the Federal Reserve Musalem said that it expects U.S. economic growth this year to be significantly lower than the 2% forecast. The baseline outlook does not point to a recession, but falling confidence, high prices and loss of household wealth all point to slowing economic growth. Financial conditions are tightening, but no market failure has been seen in the recent fluctuations. Markets respond to a reassessment of global economic growth. Tensions between the Fed's dual mission goals have intensified as economic growth slows and risks of rising inflation emerge. Inflation expectations remain stable and need to be ensured that they remain so. As long as inflation expectations remain stable, a balanced monetary policy will be adopted.