6 Mar 2014
Fed’s Williams expects first rate hike mid-2015
FXStreet (Bali) - Fed’s Williams expects first rate hike around mid-2015, adding that 2.5% GDP growth is expected this year, 3% growth next year.
Williams anticipates slower growth in H1 2014 due to recent weakness, which is likely caused by weather disruptions. Sees unemployment falling to 6.25% by year end, and to around 5.5% at end of 2015.
As per the Fed's forward guidance, Williams said a retool is due so that investors better understand when Fed might start raising rates.
Williams anticipates slower growth in H1 2014 due to recent weakness, which is likely caused by weather disruptions. Sees unemployment falling to 6.25% by year end, and to around 5.5% at end of 2015.
As per the Fed's forward guidance, Williams said a retool is due so that investors better understand when Fed might start raising rates.