- Doesn’t see risk of inflation overshoot
- Says very accommodative policy is what’s needed
- Says FOMC sees gradual rises in interest rates
- Timing of rises depends on the data
- Expects rise to occur near mid-2015
It had been so lovely and peaceful with all the jawboners on their jollies but they’ve all come back to work on the same day
![:-)](http://az705044.vo.msecnd.net/20140822/icon_smile.gif)
Speaking on BBG this time and was on Fox earlier
San Fran Fed’s John Williams is on the FOMC subs bench this term