Fed’s Williams: 4 rate hikes possible if the US economy strengthens

More comments crossing the wires from San Francisco Fed President John Williams, as he continues to speak at an event in Seoul today.

Key Points:

US inflation below 2% is a challenge for monetary policy

Three rate increases for this year his base line view, four hikes possible if US economy strengthens

US inflation moving away from 2% goal would affect monetary policy decision

US economy is doing very well