Via Reuters

Via Reuters
  • Balance of risks towards downside right now
  • Unti wage growth picks up we're not going to be at maximum employment
  • Average monetary policy has been too tight throughout US economic recovery
  • Fed should err on the side of more accommodation
  • Fed should not raise rates prematurely
  • US not immune to China and Europe slowdown
  • Fed does not think negative interest rates are a tool it would want to use, but does not rule out possibility.