Fed's Williams says three rate hikes 'good starting point'


By Ann SaphirSAN FRANCISCO (Reuters) - The Federal Reserve should continue to raise rates at a gradual pace during 2018, San Francisco Federal Reserve Bank President John Williams said on Friday, saying he expects the recent tax cuts and other tailwinds to boost economic growth this year."Right now my base case is that three rate increases for 2018 seems like a good starting point.

" Williams told reporters after a talk at the Bay Area Council Economic Institute, adding, "That's not something that's locked in." While there are no signs in the.

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