Comments from San Francisco Fed President Williams:

  • ECB can shield rest of Eurozone from Greek contagion
  • China has will and leeway to take policy action
  • Spending data encouraging, economy on solid track
  • Safer to start tightening sooner, proceed gradually
  • Wants confidence inflation moving back to 2%
  • Expects US growth to average 2.75% for rest of 2015
  • Expects unemployment around 5% by year-end

Similar remarks to his June 19 speech.