Fed’s Williams Says He’s For Hiking Rates Soon on Strong Economy

  • San Francisco Fed chief warns of risks from waiting too long
  • Uses language similar to speech before previous rate increase

Making Sense of the Fed Minutes

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.

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