More stating of the bleeding obvious
Data stream recently has been basically consistent with his forecast
Sees some softening in hot commercial real-estate market
Could use QE again if needed, Fed not out of ammo
Negative rates is bottom of the Fed's toolkit list
Forward guidance is also a powerful tool
The market has just about had its fill of Fed speakers of late. USDJPY is treading water near the lows but we're seeing a touch of USD strength against the euro, pound and AUD, which are all around their lows.
