The guys had the news on Brainard overnight:

Reuters have a recap up that's worth a read also: Fed looks unlikely to hike next week after Brainard warning

  • Brainard said she wanted to see a stronger trend in U.S. consumer spending and evidence of rising inflation before the Fed raises rates, and that the United States still looked vulnerable to economic weakness abroad.
  • "Today's new normal counsels prudence in the removal of policy accommodation"