Name: John C. Williams
Summary: After the First Rate Hike: "But if my aim is true and things evolve as expected, the path will look more like an airplane’s gentle ascension than a rocket shooting straight up: At that pace it will take nearly three years before the funds rate reaches a stable level. But even then, our cruising altitude, as it were, likely won’t be as high as in the past."
Substantially Similar to Prior Statements: No
Statement Date: January 8, 2016
Publication Date: January 8, 2016All Members All Statements