Powell: Fed Is 'of Mind' to Raise Rates at March Meeting

The transcript discusses the upcoming decision on interest rate increases, focusing on the criteria for future rate changes and the decision-making process. It highlights the committee's inclination to raise the federal funds rate at the March meeting, contingent on appropriate conditions. The discussion also touches on global economic risks and the expected temporary softening of the economy, with an optimistic outlook on the economy's underlying strength.

What does the speaker mean by 'we have our eyes on the risks'?

What does the speaker imply about the underlying strength of the economy?