<ul><li>Labor market is still ‚quite tight'</li><li>Inflation is likely past its peak</li><li>Inflation expectations are well-anchored but under-surface movements warrant caution</li><li>My view is still in step with the FOMC</li><li>We still have work to do</li><li>Expect no rate cuts this year</li></ul>

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