The Traderszone Network

Published in TZ Latest News 19 June, 2015 by The TZ Newswire Staff

Fed’s Williams says wants stronger inflation data before hiking rates

A top Federal Reserve policymaker signaled Friday that despite a “nearly healed” U.S. labor market, he will not support raising U.S. interest rates until he sees stronger signs of inflation. “Until I have more confidence that inflation will be moving back to 2 percent, I’ll continue to be in wait-and-see mode regarding raising interest rates,” San Francisco Federal Reserve President John Williams said in remarks prepared for delivery to the NBER East Asia Seminar on Economics.

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