• If inflation is higher an interest rate that adjusts for higher inflation is needed
  • You can imagine circumstances where we don't need to go much above neutral but that will be decided, we will learn on the way
  • Says he has no reluctance to hike above neutral if needed
  • Says financial conditions haven't over-reacted
  • As long as demand is very strong, it's difficult to resolve supply chain issues

We've heard plenty from Williams today.