Correspondent, Chicago
Ann's Feed
Jan 3, 2015
Jan 1, 2015
Dec 31, 2014
Dec 26, 2014
Dec 26, 2014
Dec 26, 2014
Dec 25, 2014
Dec 19, 2014

Fed’s Williams sees June 2015 ‘reasonable’ for rates liftoff

SAN FRANCISCO (Reuters) – U.S. inflation will likely still be “well below” the Federal Reserve’s 2-percent target next year, but that won’t stop the central bank from raising interest rates, a top policymaker said on Friday.

“I would say at this point that June 2015 seems like a reasonable starting point for thinking about when liftoff could happen,” San Francisco Federal Reserve Bank President John Williams, who will rotate next year into a voting spot on the Fed’s policy-setting committee, told Bloomberg Radio.

Dec 19, 2014
Dec 19, 2014
    • 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:
      English, Japanese
    • More from Ann

    • Follow Ann