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Raising rates would be a positive event for the U.S. economy, New York Fed's Williams says
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cnbc.comThe Federal Reserve raising interest rates next year would signal the central bank feels good about the country's economic recovery, New York Fed President John Williams said Friday.
«I go into next year feeling [like] the baseline outlook is a very good one. Therefore, actually raising interest rates would be a sign of a positive development in terms of where we are in the economic cycle,» Williams said in an interview with CNBC's Steve Liesman on "Squawk Box."
«I'm pretty optimistic that we're seeing really strong improvements in the labor market. You're seeing the unemployment rate come down quickly,» Williams added.
His comments came after the Fed signaled earlier this week that it sees as many as three rate hikes in 2022. The Fed cut
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