• Economy is in a very good place right now
• No preset path for monetary policy
• Won’t take a December easing off the table
• What’s really elevated is shelter inflation, I’m not seeing evidence of new price pressures
• I think it’s important to stay the course
• Doesn’t see a big urgency to lower rates but wants to preserve a healthy economy
• There are a lot of special factors in employment data but I see a labor market that’s similar to full employment
• Won’t speculate about what Trump will do
• Tariffs can be a driver of inflation

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