WASHINGTON (MarketWatch) — San Francisco Fed President John Williams on Wednesday repeated that his view that the decision to lift interest rates is “data dependent” as he said he hasn’t seen a convincing sign underlying inflation has bottomed out. “Until I have more confidence that inflation will be moving back to 2%, I’ll continue to be in wait-and-see mode,” Williams told a Los Angeles gathering of bank economists. “Every FOMC meeting is on the table.”
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From:: Stock Market News