Economics
Williams Says Fed's Era of Market Hand-Holding Is Nearing an End
- As he nears shift to New York, he sees changes in guidance
- In an interview he also waves off concerns about inflation
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It’s almost time for the Federal Reserve to stop holding the market’s hand.
That’s the message from John Williams, president of the Federal Reserve Bank of San Francisco, who takes the helm of the central bank’s powerful New York branch on June 18.