San Francisco Federal Reserve chief John Williams, speaking with reporters:

  • Case can be made for March rate hike, as can a case for postponing a rate hike
  • Personally sees no need to delay rate hike
  • Raising rates sooner leaves room for more rate hikes this year if needed
  • Still is comfortable with three rate hikes this year
  • Sees upside risks to growth; tax cuts could boost demand modestly


Williams spoke earlier, along with other Fed officials: