Fed's Williams - Should raise rates to 2.5 percent over next couple of years

Omkar Godbole FXStreet Contributor

More comments from Fed's Williams are crossing the wires via LiveSquawk-

Fed should raise rates to about 2.5 percent over the next couple of years.
Reasonable to hike rates in December and follow that with three hikes in 2018
Low inflation, in a way, is lucky, it allows economy to continue to grow strongly.
Inflation likely to pick uo over the next couple of year, if not, then the Fed will rethink rate path.
What really matters is gradually moving rates back to normal and not the exact timing.
Still one more month to gather data before the next Fed meeting.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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