Rate Hikes Will Come Without Warning, Fed Exec Says

May 12, 2015

The Wall Street Journal reports that in a recent interview with CNBC, Federal Reserve Bank of San Francisco President John Williams said rate hikes will unlikely come with warning ahead of time.

The official told CNBC that instead, “We should be coming together every six weeks, discussing what the outlook looks like, and what the right appropriate policy decisions at the meeting are, and adjusting policy.”