Federal Reserve System to increase interest rate during next few years

Federal Reserve System to increase interest rate during next few years
# 10 November 2016 08:17 (UTC +04:00)

Baku – APA-Economics. The US Federal Reserve System may increase the interest rate in the next few years, John Williams, president of the Federal Reserve Bank of San Francisco said.

He noted that Fed decision will be affected by reach of inflation 2%: “The inflation will reach 2% in the next few years”.

Along with this, he added that it is about to achieve goals on employment: “Taking into account the global factors, Fed should wait”.

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