Fed's Williams: Labor market balances are evening out

<ul><li>There's still more data to come before next FOMC meeting</li><li>Inflation is far too high but moving down</li><li>Policy is in a good place, is data dependent</li><li>We are seeing movement in the right direction for the economy</li><li>It's an open question is mon pol is restrictive enough</li><li>The latest consumer spending data has been strong</li><li>Expects unemployment rate to rise to low 4% range</li></ul><p>Fed pricing is just 7% for the Sept meeting but close to 50/50 for Nov 1.</p>

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