Fed’s Dudley: Inflation is ‘a little lower’ than Fed would like

New York Fed President William Dudley is crossing the wires, via Reuters, saying that the inflation is a little lower that the Fed would like.

Key quotes (via Reuters):

• I expect pickup in wages inflation
• Confident there is ‘quite a long way to go’ in economic expansion
• Unemployment, inflation levels are in ‘pretty good place to be’