- Doesn’t see inflation returning to target until ‘some time in 2027’
- There is a lot of uncertainty about the economy
- Says he moved dot to one rate cut this year from two
- Forecasting is more challenging than it’s been in the past
- I’m hearing more concern about the path of the economy, but data hasn’t shown that yet
- Is consumer sentiment going to be a leading indicator or not, something I’m watching closely
- Business leaders think prices will go higher but they’re also bullish on sales
That’s not a great sign and highlights
This article was written by Adam Button at www.forexlive.com.
