- Fed made it clear asset sales not part of exit plan
- It will ‘take a few years’ to achieve 2% inflation
- Unemployment rate giving ‘pretty accurate’ picture
- Says he’s seeing more upside risks to US growth
- Sees ‘pretty strong’ evidence inflation to accelerate
- Fed has reached ‘end of the line’ on jobs threshold
- Doesn’t see signs fed is ‘pumping up’ instability
- Sees 1.5% inflation this year
Williams speaking to reporters