Fed's Williams: not worried by yield curve, won't ignore its signal
|Comments from Williams speaking with Bloomberg:
- Not scared by inflation, doesn't see prices jumping.
- Will have to phase out policy forward guidance.
- Asked if he could justify hiking rates if it mean inverting the yield curve, said it would depend on the situation
- "I don't see [inverted yield curve] as a situation that we would be running into in the next year or so, but I think the answer to that depends on the context"
- I definitely wouldn't ignore signals we're getting from the markets
- Tepid wage growth "Is a reason, a serious reason, that I'm not that worried about inflation, or wage inflation, or price inflation, being on the cusp of an outburst.
Previous comments from Williams:
- Fed’s Williams: Three to four rate hikes in 2018 seems appropriate - |
- Fed’s Williams: Significant trade war could have very negative economic effects | Apr 22, 23:51
- Fed's Williams - Faster growth & inflation could force Fed to hike rates rapidly | Jan 21, 18:32
About John C. Williams:
John C. Williams is the president of Federal Reserve Bank of San Francisco. In this role, he serves on the Federal Open Market Committee, bringing the Fed’s Twelfth District’s perspective to monetary policy discussions in Washington.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.