Early release on comments from Mester.
- Comfortable with lift-off in the first half of the year
- Sees accumulating signs that the US is undergoing a pick-up in speed that is sustainable
- Expects 3% growth in 2015 and 2016
- Wages will accelerate as labor market grows
- Currently trusts survey-based measures of inflation better than market based measures
Hawkish stuff but she’s a non-voter.
