Second appearance in as many days

  • Underpinnings for solid growth are there
  • Dec hike was the right decision
  • Negative rates elsewhere shouldn't stop normalisation
  • US is not an island in the global economy
  • There is a cost to excessive accommodation
  • Central bank to be patient and thoughtful on policy

Speaking on CNBC. Yesterday the Dallas Fed head said he was open minded about a June hike, while dismissing one right now. He's on the alternate member list this year