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SF Fed President John C. Williams presented an upbeat view of the economy in a speech in Las Vegas and interviews with The Wall Street Journal and Reuters. Williams said a rate hike is likely by mid-2015 “assuming the economy progresses as anticipated.”

Features

Inflation Targeting and the Global Financial Crisis:  Successes and Challenges

Inflation Targeting and the Global Financial Crisis: Successes and Challenges

Posted October 31, 2014

Essay presentation to the South African Reserve Bank Conference on Fourteen Years of Inflation Targeting in South Africa and the Challenge of a Changing Mandate
Pretoria, South Africa

FedViews

FedViews: October 9, 2014

Posted October 14, 2014

Reuven Glick, group vice president at the Federal Reserve Bank of San Francisco, states his views on the current economy and the outlook.

Economic Letter

Has China’s Economy Become More “Standard”?

Posted October 6, 2014

A recent estimate suggests that the way policy is transmitted to China’s economy has become more like Western market economies in the past decade. Although Chinese monetary policy may actually have exacerbated its economic downturn during the global financial crisis, more recent stimulatory policy has helped ease its slower growth.

FOMC Statement

Posted September 17, 2014

Federal Reserve issues FOMC statement

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