Fed's Williams via @DeltaOne on Twitter

  • The Fed hasn't pumped up the stock market

  • All Fed meetings are eligible for action

  • It may be better to raise rates at a meeting with a press conference

  • Press conference is a valuable tool to explain rate rise reasons

  • Election concerns aren't a big factor for the Nov meeting

  • Stock market reflects the global risk appetite

  • Fed has luxury to raise rates slowly

  • Still favours gradual path of rates

He's not a full voter until 2018.