search for growth". This week, our CIOs from across the globe highlight: • The recent commentary from San Francisco Fed President John Williams and New York Fed President William Dudley, and what it could mean for the September FOMC meeting • Our expectations for Fed Chair Janet Yellen's speech at this wee

President, 21 November "It is quite possible that the conditions (_) to begin to normalize monetary policy could soon be satisfied." Bill Dudley, New York Fed President, 12 November "I'm comfortable with moving off zero soon." Dennis Lockhart, Atlanta Fed President, 19 November 3 Economists 0% 20% 40%