<ul><li>US labour market is still very tight</li></ul><p style=““ class=“text-align-justify“>She mentions that there is encouragement from recent data that the rate of US inflation has declined. Well, the trend in the past few months is a welcome development but it remains to be seen if this is enough to stay the course for inflation to return towards 2% or if we will eventually hit a spot where inflation is seen as being more sticky – one that is well above the 2% mark.</p>

This article was written by Justin Low at www.forexlive.com.