More comments from Federal Reserve's Williams (head of the San Francisco branch)

  • Repeats expects 3-5 rate hikes this year
  • Says exact number of rate hikes this year doesn't matter
  • If Federal Reserve raises rates more slowly this year, rate hikes could come faster in 2017
  • Sees u.s. economy growing at 2 pct to 2.25 pct this year
  • Sees unemployment at 4.5 pct by year end
  • Sees core inflation at 1.5 pct at end of 2016
  • Says level of concern on asset prices relatively low
  • Rapid rise in commercial real estate prices definitely bears watching

From the Q&A

Reuters headlines


Says he expects 3 - 5 rate hikes this year.