More from Musalem: Expects inflation to wane but there are upside risks ...Middle East

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More from Musalem: Expects inflation to wane but there are upside risks
Modestly restrictive policy is key to getting inflation back to targetIt will take time to get inflation to 2%Uncertainty is not yet a major restraint on the economyGaining confidence that inflation is moving back towards target is key to support for more cutsConsumers and the labor market are healthy

The Fed is entirely in wait-and-see mode so the market is carefully watching the data trying to sort the signal from the noise. Musalem is a voter this year.

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

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