Fed’s Williams Sees Three-Hike 2017 Outlook as ‘Very Reasonable’
- San Francisco Fed chief says fiscal stimulus more likely
- On CNBC, Williams says trade barriers could dent growth
Fed Cites Uncertainty as it Faces Faster U.S. Growth
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Three interest-rate increases this year is a “reasonable” assessment of what the U.S. central bank should do at a time when unemployment has declined and inflation is slowly moving up, said Federal Reserve Bank of San Francisco President John Williams.
“The central tendency of the views of my colleagues -- around three rate hikes -- that’s, I think, a very reasonable view,” Williams told CNBC television in an interview on Thursday.