Fed’s Williams Says “I Don’t Know What We’ll Do In June”
by Tyler Durden
ZeroHedge.com
05/23/2016
Some were concerned earlier today, when SF Fed’s John Williams said that he sees about 2-3 rate hikes in 2016, followed by another 3-4 in 2017, suggesting a grand total between 5 and 7 more rate hikes over the next 18 months. However, those fears were promptly dissiptated when as Williams himself admitted during the reporter Q&A, he – like virtually everyone else at the Fed – has no idea what he is talking about.
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