Charlie Farley on the wires
- Strong wage growth would help inflation
- There's probably still slack in the labour market
- Policy looks fairly accommodative right now
- Agrees with Yellen on need to focus on rate path
- Dec is absolutely live
- FOMC has indicated that conditions may be ripe for a hike
- Fed wants' to maintain accommodative stance
- Still uncertainty that inflation can get up to 2% target
- Auto sales are really quite high
- Very important to keep focus on inflation target, a little overshoot won't be too concerning
- Jobs number today supports his outlook on rates
Charles Evans was speaking on CNBC
In around 20 mins we hear from Bully Bullard