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.