Economy is in a very good place right nowNo preset path for monetary policyWon’t take a December easing off the tableWhat’s really elevated is shelter inflation, I’m not seeing evidence of new price pressuresI think it’s important to stay the courseDoesn’t see a big urgency to lower rates but wants to preserve a healthy economyThere are a lot of special factors in employment data but I see a labor market that’s similar to full employmentWon’t speculate about what Trump will doTariffs can be a driver of inflation
This article was written by Adam Button at www.forexlive.com.
