- We should not be dependent on how data turns out.
- We can't assume that inflation pain of new economic shocks will go away.
- I agree with the MPC view that there is an easing in the labour market, question is about the pace.
- Some key pay indicators remain quite strong.
I think he's suggesting that central bankers need to also have some forward looking thinking and not get too fixated on lagging indicators like inflation and employment.
