As US Fed raises rates, aim is not to roil markets, says President of Federal Reserve Bank of San Francisco John Williams
Federal Reserve Bank of San Francisco President John Williams has said that the US Federal Reserve needs to keep raising the country's interest rates gradually as the American economy has full employment and inflation is expected to reach the Fed`s 2% goal by next year.
John Williams of the Federal Reserve Bank of San Francisco at the Milken Institute Global Conference in Beverly Hills. Image Source: Reuters