Fed’s Dudley: the inflation outlook “less” confidence.
“Very slightly” down on economic growth prospects.
Since the beginning of the financial crunch situation.
Overall inflation continued in the post, raised doubts.
The inflation rate will rise to 2% of the compound.
2016 US economic growth at around 2%, the unemployment rate fell to 4.75%.
US job market remains healthy and support economic growth.
No “Fed put” this kind of thing, the market can not be the dominant policy.
China rebalancing process is necessary and appropriate.
Headlines via Wall Street CN