Now answering some reporter questions

  • Expects three 0.25bp hikes by end of 2016
  • Still thinks Mid-2016 is best for liftoff
  • Savings from lower gas prices will eventually be spent

Conflicting comments really as he wants a gradual path for hikes but if he had his way, he'd hike mid-2016, then two more times until the end of the year. Three hikes in around six months isn't gradual