Mean while back in the real world.....as Yelan taking over from...

Mean while back in the real world.....as Yelan taking over from Benakey at the US Fed, there are the first hints that some of the more dovish Fed members are not all that keen to taper and in fact one is talking about doing more to stimulate Job growth and lowering the jobless rate down to 5.5 as a threshold for tapering.

"The Minneapolis Fed president might not be as optimistic as some. He has criticized his colleagues for not doing enough to help the economy.

Kocherlakota has urged the Fed to commit to keep short-term interest rates low as long as the unemployment rate remains above 5.5%. The threshold is now 6.5%. He thinks inflation is so low there is no justification for pulling back the $85 billion-a-month asset purchase plan.

Also speaking are Atlanta Fed President Dennis Lockhart at Auburn University at 1 p.m., who sounded dovish in comments on the economy last Friday."