Taking some questions
Payroll growth is still relatively robust
People who are working part-time are still elevated
The US is approaching full employment
Has noted that market expectations for hikes are closer to the dot plot
One of the uncertainties facing the Fed is Us fiscal policy
Does not expect any large adjustments on most scenarios
There's good reasons to expect robust consumer spending
Conditions are ripe for improved business investment
I'd suggest that conditions for investment were better before rates started rising, yet we haven't seen that happen. Maybe the presidential elections were behind that. That's something the US and Fed will want to see pick up this year.
