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- San Francisco Federal Reserve President John Williams: that the Fed will start hiking its interest rate in December if the U.S. economy continues to improve
San Francisco Federal Reserve President John Williams: that the Fed will start hiking its interest rate in December if the U.S. economy continues to improve
San Francisco Federal Reserve President John Williams said in an interview with USA TODAY that the Fed will start hiking its interest rate in December if the U.S. economy continues to improve and Fed officials are confident that inflation in the U.S. will rise toward the Fed's 2% target.
Regarding the slowdown in the Chinese economy and concerns about spillover to other countries, he said that "those risks have not materialized".
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