Fed's Williams: Says again expects gradual rate rises
Head of the New York Federal Reserve branch John Williams speaking from Indonesia today
- sees 'very strong' labor market, no signs of greater inflationary pressure
- transparency, open communication key to minimizing global policy misunderstanding, market disruption
Nothing much to here to surprise nor rattle markets from Williams. he'd be unlikely to choose Bali as a venue to drop much in the way of new information from the Fed.
But, if you'd like the full text:
Williams will be fronting a press conference from 0230GMT