• but as economy nears goals then the case weakens for keeping rates low for longer
    • must weigh early,gradual rate hikes against acting later, more aggreessively
    • sees US at full employment in 6-12 months
    • as economy improves, risk of future return to zero rates is receding

US Federal Reserve member Williams on Bbg

USD still in demand with USDJPY pushing against 120.50 and GBPUSD down on new session lows at 1.4601