Fed’s Williams Says Data Show Gradually Improving Job Market

Federal Reserve Bank of San Francisco President John Williams, who has backed record stimulus, said recent economic data signal gradual job market improvement in line with his expectations.

The “latest data” is “consistent with the forecast that I’ve had for the U.S. economy of gradual improvement and doesn’t change my particular views” on policy, Williams said to reporters today after a speech in San Francisco. “We are continuing to get closer to this marker of substantial improvement” in the labor market, said Williams, who doesn’t vote on policy this year.