• 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.