Comments from Fed's William Dudley

  • The Fed isn't far from reaching its dual mandate

  • Favours gradual hikes

  • It is premature to judge how fiscal policy could influence rate hikes

  • Monetary and fiscal policies must be well aligned

  • Will adjust his views on hikes as the considerable fiscal uncertainty abates

  • Recent financial market tightening is not greatly concerning

  • The economy is in reasonably good shape and wage growth is firming

  • Expects 1.8% GDP growth, or a bit more, in 2017

The comments are not too far away from ones he made mid-Nov.