Speech from Dudley earlier: Should be cautious in raising rates, flatter path appropriate

And then there was more

And now, more still:

  • Fed is apolitical, elections don't matter to policy
  • Commodity price downturn straining emerging economies
  • Federal Reserve wants to avoid a repeat of 2013 tapter ttnrum
  • Federal Reserve must take global economy into consideration
  • US consumption should be quite solid
  • Fiscal policy has turned slightly stimulative
  • Confident that US economy to grow at reasonable pace
  • Foregin demand is not growing very rapidly
  • US economy is close to full employment
  • Would like to see more productivity growth
  • 2% US growth is a satisfactory outcome

more to come