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Fed's Williams expects further U.S. rate increases into next year

Reuters  |  NEW YORK 

By Jonathan SpicerNEW YORK (Reuters) - One of the most influential Federal Reserve policymakers said on Tuesday he expects further interest-rate hikes continuing next year since the U.S. economy is "in really good shape," reinforcing the Fed's upbeat tone in the face of growing doubts in financial markets.Even as New York Fed President John Williams told reporters he expects the U.S. expansion to carry on and surpass its previous record around mid-2019, stock markets headed lower Tuesday morning while a potentially worrying trend of "inversion" continued to grip Treasury markets.The Fed is ...

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First Published: Tue, December 04 2018. 23:16 IST
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