Fed Williams: Make sense to move expeditiously towards more-normal levels of rate

<p>New York Fed President John Williams told Bloomberg TV that a 50bps rate hike in May is a “reasonable option” because the “federal funds rate is very low”. He added, “we do need to move policy back to more neutral levels.” “We need to really focus on bringing inflation down to our 2% longer-run goal, and […]</p>
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