- In April, we get some data and in June we will have a lot more data and information, we will also have new projections
- We will be looking at data and whether it confirms our hope that inflation is on the path to our forecasts
- A few members felt sufficiently confident to cut rates
- A very large majority wanted more data
- We are data dependent, not Fed dependent
- The size of our balance sheet has reduced quite a bit already
This article was written by Adam Button at www.forexlive.com. Source