New York Fed’s Williams says rate-hike case not yet firm
New York Fed President John Williams said he does not see clear-cut evidence the Fed must raise rates to respond to persistent inflation, pointing to some passing causes behind current price rises.
By Matt GrossmanNew York Fed President John Williams indicated that he doesn't see clear-cut evidence right now that the Fed must raise interest rates to respond to persistent inflation.In an interview with CNBC, Williams said the current spate of rising prices is du in part to passing causes: one…