Recent economic data is consistent with Fed projectionsMonetary policy is well positioned, is somewhat restrictiveInflation data since Sept has been 'a touch higher' and economy 'a touch stronger' than expectedHopes disinflation process will continue but lots of uncertaintyNext year expects growth to slow to 2%, steady unemployment rateIt's all about getting policy well positioned for whatever comes next yearThere is a lot of uncertainty around future fiscal policyI expect slowing immigration into the US, we'll see about fiscal and trade policy This article was written by Adam Button at www.forexlive.com.
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