Fed's Williams wants low rates, hot economy in 2016

From reuters.com

The Federal Reserve aims to keep the U.S. economy running hot next year to boost the job market and inflation, a top central banker said, and to achieve that goal interest-rate hikes will be slow but will not follow any predictable pattern. "Every meeting will truly be live in terms of adjusting policy one way or the other," San Francisco Federal Reserve Bank President John Williams told Reuters in an interview, referring to the Fed's policy-setting meetings. Fed officials on Wednesday unanimously backed an increase to the central bank's benchmark interest rate target, lifting rates from near zero for the first time ... (full story)