Two Fed Officials Say Weak GDP Doesn’t Rule Out 2016 Rate Move

Updated on
  • Williams says FOMC could yet hike twice before year’s end
  • Kaplan says he’s still hopeful for ‘solid’ GDP growth in 2016

When Can We Say Yes, Inflation Is Here?

Federal Reserve Bank of San Francisco President John Williams played down a “low” reading on second-quarter U.S. growth and said the economy could still warrant as many as two interest-rate increases this year -- or none.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.