We got some good news from core inflation but it's perceived to be temporary, so we're back to focusing on the risks of inflation and Fed tightening again,

The increase in oil prices is going to be problematic to the consumer as well as higher home heating costs, which are going to come this winter,

There is a lot of concern about oil and its impact on growth in the U.S. and globally, and that's a huge wild card,

He has definitely left the door open for further easing. 'Mixed' isn't good enough for the Fed. so I think the odds are significantly greater now than they were just a half-hour ago that the Fed could potentially ease at the January meeting,

Rising oil prices are being looked at as a further weight on global growth as opposed to inflationary,

If he did want to go in that inflation targeting direction, it would be a radical change at the Fed. It would be very difficult and I don't see it forthcoming any time soon,