September hike is possible

Headline inflation is drifting up a bit

We seem to be on a trajectory for 2% inflation

Core inflation has been flat

Economy will be generally better in H2

If we raise rates this year it will be good news

Still expects more than one hike before the end of 2017

US Treasury yields are pretty low given the economic environment

Election won't weigh on Fed rate decisions

It's premature to talk about raising the Fed's inflation target