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Post by bot on Jan 29, 2016 18:53:36 GMT -5
Fed's Williams says U.S. will 'weather the storm'
WASHINGTON (MarketWatch) -- San Francisco Fed President John Williams said he was optimistic about the economic outlook. During a panel discussion about the economy, Williams said he thought the U.S. was set to "weather the storm," according to the Wall Street Journal. Williams is not a voting member of the Fed policy committee, but his views are closely watched as he is seen as part of Fed Chairwoman Janet Yellen's inner circle. "We are clearly on a path to raise interest rates back to more normal levels," Williams said.
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