Fed's Williams: Says again expects gradual rate rises

Author: Eamonn Sheridan | Category: Central Banks

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

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