Fed’s Williams: Sees inflation exceeding 2% for next few years

Comments from Williams on the economic outlook

  • Expect jobless rate to fall to 3.5% by next year
  • Above-trend growth doesn’t necessarily pose a risk at this time
  • Says 3-4 rate hikes this year is the “right direction”
  • Says need to keep raising rates to avoid overheating
  • Confident can raise rates for next two years without hurting growth or employment

Williams upbeat, especially that comment about inflation.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.