Official: "...and will employ its policy tools as necessary to support the economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate."
Not so official: "...and if at any time inflation does not appear to be in line with its mandate the committee will pull out its biggest and best tool of all and smash the hell out of gold and silver to ensure that the people believe the committee when its says inflation is at a well and good level of containment."