Correspondent, Chicago
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Oct 16, 2014
Oct 16, 2014
Oct 15, 2014
Oct 15, 2014
Oct 14, 2014
Oct 14, 2014

Exclusive: Fed’s Williams downplays global risks, eyes U.S. inflation

WASHINGTON (Reuters) – A bellwether Federal Reserve policymaker on Tuesday downplayed concerns about weakness in the global economy, saying the U.S. central bank should only delay an interest rate hike next year if inflation or wages fail to perk up.

John Williams, president of the San Francisco Fed, said in an interview with Reuters that the first line of defense at the central bank, if needed, would be to telegraph that U.S. rates would stay near zero for longer than mid-2015, when he currently expects them to rise.

Oct 14, 2014
Oct 14, 2014
Oct 14, 2014

Fed’s Williams downplays global risks, eyes U.S. inflation

WASHINGTON, Oct 14 (Reuters) – A bellwether Federal Reserve
policymaker on Tuesday downplayed concerns about weakness in
the global economy, saying the U.S. central bank should only
delay an interest rate hike next year if inflation or wages fail
to perk up.

John Williams, president of the San Francisco Fed, said in
an interview with Reuters that the first line of defense at the
central bank, if needed, would be to telegraph that U.S. rates
would stay near zero for longer than mid-2015, when he currently
expects them to rise.

Oct 14, 2014

Exclusive – Fed’s Williams unmoved by global risks, eyes U.S. inflation

WASHINGTON (Reuters) – A bellwether Federal Reserve policymaker on Tuesday downplayed concerns about weakness in the global economy, saying the U.S. central bank should only delay an interest-rate hike next year if inflation or wages fail to perk up.

San Francisco Federal Reserve Bank President John Williams said the first line of defence at the Fed, if needed, would be to telegraph that U.S. rates would stay near zero for longer than mid-2015, when he currently expects them to rise.

    • About Ann

      "Coverage includes Federal Reserve regional banks, U.S. monetary policy, interest-rate futures markets, and financial exchanges and clearinghouses serving the derivatives marketplace, including CME Group."
      Joined Reuters:
      2010
      Languages:
      English, Japanese
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