Speaking about monetary policy and the economic outlook • Current monetary policy stance generally appropriate • Monetary policy not on a pre-set course • Other labor market indicators have been more positive • believe we are now close to elimination labor market slack • cautiously optimistic overseas headwinds are now fading • global risk require continued detention • current monetary policy is modestly accommodative • good reasons to expect further progress on phase goals • need to watch labor markets developments carefully • jobs data showed wage growth may finally be picking up • China faces considerable ... (full story)