More from Mark Keisel of PIMCO
His earlier comments are here: PIMCO's Kiesel: Base case is Fed will raise rates in December
More (via Bloomberg again):
- Federal Reserve would have to slam brakes if inflation picks up
("Slam brakes' means they would have to rapidly increase rates)
- Economy 'not so hot' so Fed won't have to slam brakes
(Ah ... OK .... so they won't have to he reckons ... there you go)