đŁď¸ Fed member Musalem:
⢠Service and housing inflation continues to be somewhat sticky.
⢠Monetary policy is moderately restrictive.
⢠The labor market is now overheated and there are signs of cooling.
⢠The labor market is now an obvious upward risk for inflation.
⢠Recent data has increased my confidence in inflation.
⢠The time to change the policy rate may be approaching.