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Fed’s Williams: Penciling in 3 more hikes for 2018 to return to a normal level of 2.5%

More headlines crossing the wires from San Francisco Fed President Williams’ interview held earlier today.

Key Points:

A Dec rate hike makes sense, at least based on the information I have today.

Penciling in 3 more hikes for 2018 to return to a normal level of 2.5%.

Yellen has done a fantastic job during a very difficult time.

Expects Powell to continue "making sure that we have a strong consensus on our policy decisions and strategy".

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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