I guess he’s ok with the output gap/unemployment…
And not that it matters, as they they only shoot blanks in any case.

*LOCKHART: COMMUNICATIONS, BALANCE SHEET ARE TOOLS
*LOCKHART: `WE HAVE NOT EXHAUSTED ALL OUR OPTIONS’
*LOCKHART: DEFLATION, DETERIORATING CONDITIONS COULD BE TRIGGER
*LOCKHART SAYS `STRESSED’ ECONOMY MIGHT REQUIRE EASING
*LOCKHART SAYS MORE EASING NOT CALLED FOR AT THE MOMENT