More Fed Williams: US normalisation benefit - reducing imbalances in financial markets

William's speech from earlier is here, although head of the New York Federal Reserve he is speaking in Bali, Indonesia:

• Fed's Williams: Says again expects gradual rate rises

This added now:

• Says US normalisation of monetary policy has an added benefit of reducing somewhat risks of imbalances in financial markets

I'm expecting a presser at 0230GMT though maybe he has begun early