Earlier comments from Williams (President of the Federal Reserve Bank of San Francisco) speech on his outlook for the US economy are here

Q&A happening now, so more commetns on the wires:

  • September US job growth of 147,000 still marks progress on labor market
  • As Fed starts raising rates, all things equal, asset prices should go down
  • Part of the reason house prices are so elevated is because of low interest rates
  • Bullish on China, no fundamental shift that justifies volatility

via Reuters

Wrong photo again, Eamonn