Although downside risks to growth remain, the y appear to have diminished somewhat, and the upside risks to inflation are also of significant concern to the Committee. (alephblog.com)
Nevertheless, downside risks to growth remain. (alephblog.com)
You might think 7 % is too high, but there are significant risks to growth in any economy from government intervention, plague, war, famine, etc.. (alephblog.com)