Yellen comments in Day 2 of Humphrey Hawkins:

  • Stronger dollar has helped hold down inflation
  • Fed is watching developments very carefully
  • Fed has been surprised by oil drop
  • Fed evaluating how markets may influence economy
  • It's premature to make a judgement, we meet in March

Premature? It's your job. Is she waiting for a bird to fly in the window at the March FOMC and whisper to her what's going on?