FED Williams is speaking in Nevada about the Economy
Gradual raising of the rates, better sooner than later
Economy is in good shape and is headed in the right direction
Unemployment rate will fall even further during next year
Inflation will reach 2% and it will surpass it during over the next two years
The low inflation is not good for longer periods of low rates
FED must increase its inflation target
For now the members of the FED are divided over this important question when to raise the rate. However this could soon change as if the data from the economy continue to be better than expected. Soon this ration of 2 for hike and 5 for unchanged might change during the next meeting later this month at Sept 21, 2016.
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