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Fed's Williams - Should raise rates to 2.5 percent over next couple of years

More comments from Fed's Williams are crossing the wires via LiveSquawk-

  • Fed should raise rates to about 2.5 percent over the next couple of years. 
  • Reasonable to hike rates in December and follow that with three hikes in 2018
  • Low inflation, in a way, is lucky, it allows economy to continue to grow strongly.
  • Inflation likely to pick uo over the next couple of year, if not, then the Fed will rethink rate path. 
  • What really matters is gradually moving rates back to normal and not the exact timing. 
  • Still one more month to gather data before the next Fed meeting. 

 

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