Federal Reserve's Williams: There is no need to start considering interest rate hikes at present.

CoinFeed reported on May 5th that, according to Cailian Press, Federal Reserve Chairman Williams stated that there is currently no need to begin considering interest rate hikes, and the Fed's accommodative stance primarily reflects potential long-term policy trends. Williams stated that the long-term outlook still indicates the Fed will eventually cut interest rates, and expressed "great satisfaction" with the current policy wording of the interest rate decision committee.