The Wall Street Journal with an article on Federal Reserve Bank of San Francisco President John Williams interview.
- expressed a good deal of confidence in the U.S. outlook, especially on hiring
- Said the jobless rate could fall to 5% by the end of the year, which means the central bank is getting closer to boosting its benchmark short-term interest rate from near zero
- "We are coming at this from a position of strength"
- "As we collect more data through this spring, as we get to June or later, I think in my own view we'll be coming closer to saying there are a constellation of factors in place" to make a call on rate increases
- . "Maybe in June it would be the time to contemplate raising rates. Maybe we'll want to wait longer, but at least it will be an option to decide on"
