Name: John C. Williams

Summary: All’s Well That Ends Better: The Outlook, Education, and the Future of the American Economy: "My forecast is that we’ll reach our maximum employment mandate in the near future and I’m increasingly confident that inflation will gradually move back to our 2 percent goal. It makes sense, therefore, to start gradually moving away from the extraordinary stimulus that got us here. We already took a step in that direction when we ended QE3. Given the progress we continue to make on our goals, I view the next appropriate step as the start of a process of gradually raising interest rates. That’s the “how”; as I said, the data will determine the “when.”"

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: November 7, 2015

Publication Date: November 7, 2015

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