- The economy is in a good place
- Jobs and growth solid
- Inflation is easing
- Mon pol is still restrictive
- It's time to think about adjusting the interest rate
- I see two cuts as likely outcome for the Fed this year
- There is a large amount of uncertainty around the outlook
- The economy is in a good place, monetary policy is still restrictive
- Waiting for inflation to rise could leave Fed behind on cutting rates
- Thinking about rate cuts during the fall
The bolded are a dovish signal. She's not a voter this year or next but she's certainly not politically angling in the way that Waller or Bowman are.
Update: She added the part about hiking in autumn, which stretches the timeline beyond September.
