• US economy ended 2024 in a good place
  • Our job on inflation is not done
  • Inflation has been coming down
  • Says she suspects pressures from housing inflation and non-market services inflation are a bump
  • Want to avoid any rapid increase in unemployment

They're in 'wait-and-see' mode and will wait for inflation to move or jobs too deteriorate.

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