Fed’s Williams: Sees inflation rising to 2%, said the Fed is able to make the hike

From the Fed’s Williams to St. Louis

  • The u.s. economy is on the right track in spite of the hurricanes
  • Fed in the future to rely more on unconventional tools
  • Too much growth could stimulate asset bubble, inflation
  • Mandated cuts in medicare payments that inflation is moderating
  • No sign yet that the neutral rate of interest rates on the rise
  • Still expects a pay rise to help push inflation

We have heard all this before from Williams.

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