Jerome H. Powell, the Federal Reserve chairman, said the Fed would be "patient" in evaluating the health of the economy given "global economic and financial developments and muted inflation pressures." If the Fed will decrease the interest rate assuming other factors are constant, then the Pension Liability might be in evaluating the health of the economy given "global economic and finar Increased in the Statement of Fiduciary Net Position Increased in the Statement of Changes in Fiduciary Net Position Decreased in the Statement of Fiduciary Net Position Decreased in the Statement of Changes in Fiduciary Net Position