Livesquawk with comments from San Fran Fed president John Williams in the FT
- Does not understand the gloomy warnings about an imminent recession
- Doesn't see signs in the data of any slackening of domestic demand
- Domestic demand is outweighing weakness from abroad
- US will see domestic inflation pressures strengthening
- Fed hikes will be gradual
The full article from the FT is here (gated)
He's also speaking at later today at 16.00 GMT. He's not a voter this year.