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Fed's Dudley wanted more information at time of Sep FOMC
Fed's William Dudley speaks on CNBC • Says the US economy is going to get some inventory drag in the second half of the year • Hopes to get inflation back to 2% • Jobs report was definitely weaker • 120k-150k jobs per month is enough to push unemployment rate down • US economy is downshifting a bit • Is watching to see if lower Chinese growth feeds EM weakness • Domestic side of the economy looks good • Possible that the Fed could hike this month • Says he's still in the 2015 lift off camp • He predicts liftoff this year on forecasts but not commitment • Not thinking about additional QE but you ... (full story)