Fed’s Williams: Three to four rate hikes in 2018 seems appropriate

Matías Salord FXStreet

John Williams, President of the Federal Reserve Bank of San Francisco, is very positive about the economic outlook in the US and abroad. He said that three to four interest rate hikes in 2018 are appropriate.

Regarding inflation, Williams said that it is moving toward the 2% target after a “temporary” slowdown. According to him the recent move higher in inflation is “very reassuring”. The US economy will grow 2.5% during the next two years in his view.

Author

Matías Salord

FXStreet

Matías started in financial markets in 2008, after graduating in Economics. He was trained in chart analysis and then became an educator. He also studied Journalism. He started writing analyses for specialized websites before joining FXStreet.

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