Via Reuters
- US economy is doing well, expects 3.25% growth this year and 2.5% next
- Estimates sustainable unemployment rate at about 4.3%
- Wages have increased, but not as much as would have expected
- capital expenditures have been a little bit disappointing after tax cuts, still optimistic
- Current fed funds rate is a little bit short of neutral, in a good place to continue adjustments
- Says should adjust rates back to neutral and see how things are
- Says the need for accommodation is not really there any more
- see's limited downside risk to inflation levels