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The Fed is committed to achieving medium-term price stability and will act as necessary to attain that objective".
"While the sharp fall in oil prices over recent months remains the dominant factor driving current headline inflation, the potential for second-round effects on wage and price-setting has increased and could adversely affect medium-term price developments," Draghi said.
The FOMC is committed to achieving medium-term price stability and will act as necessary to attain that objective.
The ECB, which seeks medium-term price stability, is resigned to inflation remaining above its target of just below 2percentt for most of 2011.
Prices for potash could fall from $400 a tonne to $300 by the end of the year.Uralkali's move will cost the industry in the medium term, but prices will not collapse.
On a medium term view, prices should also be held down by the government, which is moving back into the business of housing for lower income people by setting aside urban land.
The issues that IPGL has faced have been well publicised [including losses on some of its investments] and we would not anticipate the share sale causing any medium-term damage to the share price of ICAP.
In the medium term, high oil prices are more of a deflationary force.
Any serious effort to address climate change will require a transformation of the nation's system for producing and consuming energy and will, at least in the medium term, mean higher prices for fuel and electricity.
It says renewable energy subsidies are likely to bring down energy bills in the medium term if gas prices continue to rise as many analysts forecast.
Clients may have views on the near or medium term behavior of equity prices, interest rates, or commodities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com