More from Fed's Williams - reasonable to hike in Dec then 3 more in 2018

President of the Federal Reserve Bank of San Francisco John Williams

• says raising rates in December, three more times next year is 'perfectly reasonable'
• says what really matters is gradually moving rates back to normal, not exact timing
• still one more month to gather data before next fed meeting
• says fed should raise rates to about 2.5 pct over next couple of years
• says low inflation, in a way, is 'lucky,' allows economy to continue to grow strongly
• sees inflation picking up over next couple of years; if not, will rethink rate path

Headlines via Reuters

USD ticking a few points lower still

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Earlier from Williams:

• Fed's Williams - low rates globally means dealing with future recession harder
• Fed's Williams says negative rates need to be on the list of possible tools in future