Williams on Bloomberg TV

Williams
  • I feel very good about the progress we're making on vaccines
  • Looking at full set of data and taking into account uncertainty
  • Sees 3-3.5% GDP growth in 2022
  • Sees inflation around 2% in 2022
  • Sees sharp rise in prices as mostly temporary
  • Policy "will really be driven by the data"
  • We still have a long way to go to get maximum employment

There's nothing new in his comments, which have more of a dovish tilt than what last week's market would lead you to believe. Williams is always talking about data dependence but when the time comes, he always falls back on the forecasts.