• San Francisco Fed President John Williams expects the Fed to raise its interest rate three to five times this year

Market news

4 January 2016

San Francisco Fed President John Williams expects the Fed to raise its interest rate three to five times this year

San Francisco Fed President John Williams said in an interview with CNBC on Monday that he expects the Fed to raise its interest rate three to five times this year.

He also said that he expects the U.S. economy to grow about 2% to 2.25% and inflation to increase toward the Fed's 2% target.

Williams noted that he was not concerned about the weak economic data from China.

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