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* Services ex housing is still not seeing disinflation, which means more job need to be done. Need better labor market balance to achieve it. | * Services ex housing is still not seeing disinflation, which means more job need to be done. Need better labor market balance to achieve it. | ||
* Going | * Going forward rate hikes will be data dependent. | ||
* Accross yield curve, real rates are now positive which is restrititve. Still considering how restrictive is enough. | * Accross yield curve, real rates are now positive which is restrititve. Still considering how restrictive is enough. | ||
* Powell consider path to soft landing is | * Powell consider path to soft landing is posisile. That is their base case. | ||
== Assessment == | == Assessment == | ||
== References == | == References == |