Statement

Name: John C. Williams

Summary: Fed's Williams Upbeat on Economy, But Doesn't Signal Timing of Rate Rise: ""I do see the time to start raising rates in the near future," Mr. Williams said, although he added that "we are going to watch the data" to determine when to act. When it comes to boosting borrowing costs off the rock-bottom levels they have been at since the end of 2008, "it's one of those things I've described as a close call," and "the arguments on both sides have a lot of merit.""

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: October 19, 2015

Publication Date: October 19, 2015

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