Inspirational

  • It's been a tough start to 2016
  • Fed will have to watch these moves
  • They may not reflect the economy
  • Jobs numbers have helped bolster confidence in the economy
  • Non-US growth forecasts are sluggish
  • China is dealing with over-capacity, leverage and aging
  • China's growth transition will take many years
  • US and world would need to adjust to slower Chinese growth
  • Does see himself as a centralist
  • Doesn't have a preset view either as a hawk or a dove
  • Sees 2016 US GDP at 2-2.5%
  • There's more labour slack at this jobless level
  • Jobless rate can go lower without inflation

Speaking in an interview with Bloomberg TV

The new Dallas governor is on the FOMC subs bench in 2016 and by his own admission sits in the middle of the dove/hawk tree