Comments from Williams to reporters
– ‘This year would be good’ for a hike
– Has ‘no problem whatsoever’ with running a somewhat hot recovery
– The risk he sees is a risk of hard landing if unemployment falls to 4%
Hawkish stuff from Williams, especially the chatter about a few hikes in 2017. Of course, we finished last year with the same kind of talk about 2016 so the market doesn’t get too excited about rate hike talk.
