Fed’s Williams says there will be ‘serious consideration’ of interest rate hike at March meeting

• February 28, 2017
• realestatelife
• Business & Markets, Real Estate Finance

In a speech the Santa Cruz Chamber of Commerce, Williams said he was confident the economy would continue to grow at a healthy pace even as the central bank raises rates. “The aim is to keep the economic expansion on sound footing – not too hot, not too cold —that can be sustained for as long as possible,” Williams said. Like a tennis player, the Fed is now in the middle of the court and “can handle shots that come from either direction,” he said. The San Francisco Fed president is not a voting member of the central bank’s policy committee this year.