I expect "three or maybe even more" interest rate increases this year - Fed's Williams
|Federal Reserve Bank of San Francisco President John Williams gave an interview to WSJ.
Key quotes
- The momentum of the economy has been very positive
- Three or maybe even more increases makes sense to me but it depends on the data
- New normal neutral FOMC rate is 2.5-3.0% my colleagues probably see it at 3%
- I wouldn't expect big moves in the dollar
- Risks around China and developments in Europe have been concerning
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