Speaking in Oklahoma city
- Seeing stronger business activity, investment
- Stable oil prices spurring drilling, mining activity
- Fed B/Sheet plan very well telegraphed up to this point
- Balance sheet adjustment didn't cause strong market reaction
- She supports FOMC approach to balance sheet rolloff
- Balance sheet tool should be kept for emergencies only
- Gradual interest rate moves appropriate, but said needs to keep rate rises underway
- Regulatoins on smaller banks beginning to impact ability to lend and serve customers