Comments from Mester in Reyjavik:

  • Should be cognizant of how low interest rates, unconventional policy impact financial stability
  • Allowing politics to influence monetary policy would be a mistake
  • Fed's policy independence is worth preserving

This is so real ho-hum stuff. There's a Q&A from the audience later so let's hope our friends in Iceland can pry something a bit more meaningful from her.

Update: There no comments on monetary policy or the outlook in the Q&A.