San Francisco Fed president John Williams, while talking to FT, said the domestic demand in the US is outweighing weakness from abroad and the path of Fed rate hike would be gradual.

Key Quotes

No signs in the data of any slackening of domestic demand

US will see domestic inflation pressures strengthening

Does not understand the gloomy warnings about an imminent recession

San Francisco Fed president John Williams, while talking to FT, said the domestic demand in the US is outweighing weakness from abroad and the path of Fed rate hike would be gradual.

(Market News Provided by FXstreet)

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