 We're going to be looking at both mandates. They're in much better balance, and that means that if we were to see an unexpected weakening in the labor market, then that might also be a reason for reaction by us. After several high inflation readings at the start of the year had raised concerns, Fed officials said they would need to see several months of declining price readings to be confident enough that inflation was fading sustainably toward its target. June was the third straight month in which inflation cooled on an annual basis.