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Fed’s Musalem: CPI data shows ‘encouraging further progress’

Job market strong but has cooled in recent monthsWe are making progress on inflationSupported June Fed decision, says mon policy is restrictive nowEconomy is on a good path but he would like to see more dataWants to see more improvement in supply conditionsWants to see general demand conditions moderate some more going forward

Musalem is a voter next year.

This article was written by Adam Button at www.forexlive.com.

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