Feds Jefferson: Inflation will come down while economy continues to grow

FOMC member Jefferson is on the wires saying:

• The banking system is sound and resilient
• Banks have started to raise lending standards. That is typical for where the US is in the economic cycle
• Inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term started to come down, economy has started to slow in a orderly fashion
• Inflation will come down while economy continues to grow

Jefferson's comments are tilting toward the dovish/soft landing side.