Fed’s Williams forecasts 2.5% growth this year

  • Says QE probably needed into second half
  • Forecasts GDP growth a bit less than 3.5% in 2014
  • Fed ‘must do what it can’ to bolster economy
  • Expects inflation at about 1.5% this year
  • Sees unemployment at or above 7% at least through the end of 2014

Doesn’t sound like he will be voting to end QE any time soon.

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