The economy is in a good placeJobs and growth solidInflation is easingMon pol is still restrictiveIt's time to think about adjusting the interest rateI see two cuts as likely outcome for the Fed this yearThere is a large amount of uncertainty around the outlook The economy is in a good place, monetary policy is still restrictive Waiting for inflation to rise could leave Fed behind on cutting ratesThinking about rate cuts during the fallThe bolded are a dovish signal. She's not a voter this year or next but she's certainly not politically angling in the way that Waller or Bowman are. Update: She added the part about hiking in autumn, which stretches the timeline beyond September. This article was written by Adam Button at www.forexlive.com.