Fed's Williams Sees 'Huge Impact' on U.S. From China, Brazil

  • 'Real issue is the global financial and economic developments'
  • U.S. economy grew 1.4% in fourth quarter, exceeding estimate

Inflation Ticks Up Slowly, What's Next for Fed?

Federal Reserve Bank of San Francisco President John Williams said the global economy, particularly China and Brazil, was having a significant impact on measures that U.S. policy makers watch to determine interest rates.

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