Fed's Barkin: It was welcome to see lessening pressure in the jobs data

<p>The Fed blackout is over, so here we go with the talking heads.</p><ul><li>The labor market is in better balance now</li><li>Fed has more data to see before next rate decision, I won't prejudice it</li><li>Fed is focused on seeing inflation come down</li><li>I'd like to think that markets are respond to data</li><li>There's some evidence price setters see declining power, but many still have it</li><li>Really pleased by recent productivity data</li><li>Good chance consumer economics are in a good place</li><li>Office and older office real estate is under pressure</li><li>Rate cuts are still a way off in my mind</li><li>Says he doesn't know if Fed has reached peak of hike cycle</li></ul>

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