Recent economic data has been very good.Labor market is pretty much in balanceFirst quarter growth was unusual trade issues Inflation has been coming down slowly and gradually.Keyword for economy is uncertainty.Monetary policy is in a good place.Fed rate policy is well-positioned. It is slightly restrictive.Some forward-looking indicators are signaling concern.Trade is particular point of uncertainty.Many firms and households are in a wait-and-see mode This article was written by Greg Michalowski at www.forexlive.com.
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