- Highlights improving consumer sentiment data (likely today’s UMich report)
- I’ve heard cautious optimism on economy
- I see inflation coming down
- Policy is in a good place
- We’re in a great place with policy and the economy and we can start to be more patient to see what we need to do next
- We don’t want to solve the inflation problem by taking people’s jobs away
- We don’t want to loosen policy too soon
- The job this year is about calibration
- Goods prices inflation is coming down and services prices are coming down
- There is a purposeful march towards normalization
- Cyclically we’re getting to a better place
This article was written by Adam Button at www.forexlive.com. Source