Still sees inflation rising to 2%
Comments from Williams in the LA Times:
- "The basic approach we took, which is a gradual rate increase, is still right," Williams said
- The "big picture for me hasn't changed"
- "We're going to see further and further improvements in wages."
- Expects productivity to pick up
- There is no puzzle in labor force participation, it's close to model
- On China, "To my mind, it doesn't seem like they've deviated a lot from the playbook they've laid out"
