Fed's Williams Says U.S. Will 'weather The Storm'
San Francisco Fed President John Williams said he was optimistic about the economic outlook. During a panel discussion about the economy, Williams said he thought the U.S. was set to "weather the storm," according to the Wall Street Journal. Williams is not a voting member of the Fed policy committee, but his views are closely watched as he is seen as part of Fed Chairwoman Janet Yellen's inner circle. "We are clearly on a path to raise interest rates back to more normal levels," Williams said.
Copyright © 2016 MarketWatch, Inc.