According to CoinMeta, Walsh reiterated his opposition to forward guidance, emphasizing the flexibility of the Federal Reserve's policy. He stated that forward guidance may limit the central bank's flexibility in responding to new economic changes and is not encouraged under the current circumstances. At the beginning, Walsh joked, "You can call it an outline or a roadmap, but please don't call it forward guidance." He noted that the Federal Reserve has removed any forward guidance regarding what actions the central bank might take in the near future.