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More from Waller: Right now a lot of recent high productivity growth is rebound from lows

More comments from FOMC Gov. Waller:

Right now a lot of recent high productivity growth is just a rebound from lower readings earlier Unsustainable fiscal policy is the biggest threat to R-starIf we continues to see reduction in labor demand, will start seeing more unemploymentWe are in sweet spot now, we have to keep it there.”Gradually” on rate cuts is in in the eye of the beholderIt would be problematic to move policy rate in response to election

This article was written by Greg Michalowski at www.forexlive.com.

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