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Fed’s Williams expects to see rates rising gradually

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Speaking in Singapore, San Francisco Fed president John Williams repeated that he sees rates rising gradually.

    Key Quotes:

    There’s a way to go before Fed shrinks balance sheet

    Recent inflation developments are very encouraging

    US is either at or close to max employment

    US inflation on track to rise to 2% over next 2 years

    Will take at least 6 years to get balance sheet back to normal

    China growth downgrade doesn't signal a hard landing

    Does not see a global crisis looming

    US recovery powered by domestic demand, not necessarily impacted greatly by other countries
    For more information, read our latest forex news.
     

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