- Fed should keep it’s options open at every meeting
- Would like to see inflation back up near Fed target before tapering
- Inflation continues to run very low
- Does not support ending open ended nature of QE or stating in advance the size of the asset purchase program ( a direct response to Charles Plosser earlier)
- Plays down impact of gov shutdown on economic data, says it is always challenging to interpret “noisy” data
- A reasonable assumption to see 3% growth in 2014
- FOMC has a lot of room on the inflation front