Fed's William Dudley speaks in New York
- Labour market conditions have significantly improved
- Economic news for the US is mostly favourable
- Confident inflation will rise to 2% in next years
- Monetary policy adjustments to be gradual and cautious
- US faces significant uncertainties and headwinds
- Europe's economic outlook has started to improve
Nothing bone shattering from Dudders though he sounds a tad more upbeat on jobs than he did a couple of weeks ago.