In an interview with CNBC, Williams, who will take over as head of the New York Fed in June, is the second most influential player in the Fed, saying three or four times more Interest rates this year are still subject to the "health" of the economy. Offices in the United States today Fed said the Fed rate hikes this year are still "open". (Source: Getty Images) Meanwhile, on the sidelines of the Hoover Institute's annual monetary policy conference, Bostic told Reuters news agency that he is quite inclined to three possible rate hikes this year. Mr Bostic also pointed out the positive effects of the new tax cuts and government spending plans. He also said that bright prospects are factors that could push the Fed to "tighten" interest rates at a faster rate. In another interview in New York, Federal Reserve Chairman William Dudley said the US economy is standing firm, but still needs to pay attention to inflation. And Dallas Fed Chairman Robert Kaplan has "ignored" the issue of wage increases, when a report released on May 4 showed wages were almost unchanged in April. On the same day, the US Labor Department released figures showing that the world's largest economy grew at a slower pace in April, when it added 164,000 jobs and the unemployment rate fell to the lowest level. of nearly 17½ years is 3.9%. Mr Williams said that data on job growth coupled with slower growth in inflation show that the economy is in a good state. According to him, inflation figures are close to the 2% target but there is no sign of a sharp increase, which is quite similar to the "Goldilocks" economy (growth is not too hot to cause inflation, nor too cold for create a recession). In late April, the Commerce Department said inflation had risen 1.9 percent in the 12 months to March, the biggest increase since February 2017. In the latest report released on May 2, the Federal Open Market Committee (FOMC) policy makers have made it clear that the 2% inflation target is "justified".
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