More from Williams in Singapore
– CPI has been looking good in the last couple of months
– Is still trying to make sure data is real and not a mirage
I think that last point is very apt. The fact that the Fed remains so very cautious, despite the data conforming further to their mandate since Dec, is what has been giving the market the jitters about future hikes.
Williams: There are some upside risks that we may hit our inflation target sooner
