Name: John C. Williams

Summary: Head of San Francisco Fed is still expecting modest economic growth, and more rate hikes: "Williams, in an interview with the Los Angeles Times, said the recent global developments certainly need to be closely monitored. But he said the “big picture for me hasn’t changed,” and his view on U.S. employment and inflation — the two key areas determining the Fed’s monetary policy — remains sanguine. “The basic approach we took, which is a gradual rate increase, is still right,” Williams said, while declining to predict whether he would support a rate hike at the Fed's next meeting March 15-16." (It is not clear on which date this interview took place.)

Lean: Neutral

Substantially Similar to Prior Statements: No

Statement Date: February 22, 2016

Publication Date: February 22, 2016

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