- Flexible meeting by meeting approach assures that we remain responsive
- Gradualism is not a universal principle, some circumstances require a stronger response
- It is essential that we are agile in respond to risks that might crystallize
- We must remain open-minded about the speed and scale of rate moves
The market is 50/50 on whether we will get 50 bps on Dec 12 but this sound like someone who is putting that on the table.
