SF Fed's Williams answers reporters questions
- Pretty confident were on the right track for inflation.
- Says 4rate hikes and 2016 not baked in the cake
- Support 2nd rate hike hike, if his baseline forecast met
- December jobs report shows good momentum in economy.
- Could be more less than 4 rate hikes and 2016
- Has an altar fundamental outlook due to China events
- December minutes reflect the diversity of views on FOMC
- Would also need to see unemployment continued to edge down to support for rate hikes
- Sees real estate prices flashing yellow warning light but no clear signs of bubble
