Comments from San Francisco Fed President Williams:

  • Expects growth to rebound following disappointing Q1
  • Williams says he expects above-trend growth for the rest of 2015
  • Williams says Fed doesn't base policy on 'noisy data'
  • Expects growth to rebound following disappointing Q1
  • Expects wage growth to pick up as economy rebounds
  • Stronger economy to gradually push inflation up to 2%
  • Fed policy is data dependent, every meeting on table

Williams is slowly working his way over to the more-hawkish side of the Fed ledger.