You are here

Fed official sees less risk of rate retreat after lift-off

San Francisco Fed chief John Williams says central bank now needs to weigh risks of waiting too long before hiking rates

Mr Williams (above) says rates should stay below neutral to help the economy grow at a faster-than-normal pace.

San Francisco

AS the US job market improves, the risk is receding that an unexpected setback could derail the recovery once the Federal Reserve raises interest rates, San Francisco Fed President John Williams said.

Concern that it could be forced to retreat to near-zero interest

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom