- Latest jobs data continued to show a tight jobs market
- Current policy stance appears appropriately calibrated
- Baseline is for continued decline in inflation, but see a number of upside inflation risks to my outlook
- Fiscal stimulus, tight jobs market might be keeping core services inflation elevated
- Will remain cautious in approach to considering any mon pol stance change, especially given data revisions
Bowman is a hawk, so this is no surprise.
This article was written by Adam Button at www.forexlive.com. Source