Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Fed's Williams sees up to two U.S. rate hikes this year

Published 07/29/2016, 11:29 AM
Updated 07/29/2016, 11:40 AM
© Reuters. John Williams, president of the Federal Reserve Bank of San Francisco, speaks during an interview in San Francisco, California

CAMBRIDGE, Mass. (Reuters) - It makes sense to raise interest rates this year, and depending on the economic data the Federal Reserve could tighten policy up to two times, San Francisco Fed President John Williams said on Friday.

"There is definitely a data stream that could come through in the next couple of months that I would think would be supportive of two rate increases," Williams told reporters. "There's data we could get that wouldn't be supportive of that and it could be supportive of one maybe, or of none."

Latest comments

More babble-speak from the Fed. There could be data to support two interest rate raises, but there could also be data that would support just one raise, oh yea, and there could also be data that supports no raise. Brilliant work John Williams!
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.