More from Fed's Williams

  • expects a downtick in inflation will be reversed this year
  • there is a risk that inflation gets stuck
  • numerous factors going to Fed making great decisions
  • what inflation means for rates hinges on why it's low
  • he's well aware inflation been missing 2% goal
  • Fed is not currently a point where they need to respond to low-inflation by changing policy, does not expect that to be the case in the near-term