Fed's Daly: The economy is in a really good place

<ul><li>Highlights improving consumer sentiment data (likely today's UMich report)</li><li>I've heard cautious optimism on economy</li><li>I see inflation coming down</li><li>Policy is in a good place</li><li>We're in a great place with policy and the economy and we can start to be more patient to see what we need to do next</li><li>We don't want to solve the inflation problem by taking people's jobs away</li><li>We don't want to loosen policy too soon</li><li>The job this year is about calibration</li><li>Goods prices inflation is coming down and services prices are coming down</li><li>There is a purposeful march towards normalization</li><li>Cyclically we're getting to a better place</li></ul>

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