Statement

Name: John C. Williams

Summary: Fed's Williams Sees Issues Abroad as Biggest U.S. Recession Risk: "The Fed retains the option to pause its hiking cycle to reassess economic conditions as it moves forward, Williams told reporters. During the panel, he said that he will “stick with the view that right now it’s going to take a gradual three-year process to get interest rates back to normal.”"

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: January 15, 2016

Publication Date: January 15, 2016

All Members All Statements