Fed’s Williams Says He’s For Hiking Rates Soon on Strong EconomyBy
San Francisco Fed chief warns of risks from waiting too long
Uses language similar to speech before previous rate increase
Federal Reserve Bank of San Francisco President John Williams said the U.S. economy is strong enough to warrant an increase in interest rates soon, warning that waiting too long risks high inflation or asset bubbles that would cripple growth.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.