- Inflation has eased substantially but is still too high
- Path forward is uncertain
- Economy has made considerable progress
- Risks are moving into better balance
- Activity in the housing sector was subdued last year
- GDP has been bolstered by strong consumer demand as well as healing supply chains
- Longer-term inflation appear to remain well anchored
- Inflation has eased notably
- We’re likely to cut rates at some point this year
- General sense is to slow the pace of balance sheet runoff fairly soon
The US dollar is under some pressure again.
This article was written by Adam Button at www.forexlive.com. Source