Fed's Williams: support for rate hike was based solely on the data and outlook

Interview in the NY Times

• Fed will be focused on mandate irrespective of any fiscal plans

• My view is broadly consistent with the central tendencies of the committee

• Economy is going to grow roughly as it did last year

• There's a lot uncertainly about what fiscal policies are going to be enacted

• I'm in wait and see mode on that

Nothing much to get markets excited in the story.