However, in the statement accompanying last month's policy decision, the FOMC again indicated that its predominant policy concern is the risk that inflation will fail to ease as expected and that it is prepared to take action to address inflation risks if developments warrant.
Efforts shall be strengthened to construct a rural financial system with improved functions, rationalized division of labor, clear ownership and effective supervision, and to pioneer in developing new cooperative financial institutions in the rural area as well as an effective business model ensuring combined policy and commercial financial support to rural economic development.