Fed's Williams on Inflation Risk and Outlook for Rates

The transcript covers a discussion with President Williams on economic recovery, focusing on substantial progress towards employment and inflation goals. It includes projections for GDP growth and inflation, the impact of tapering on monetary policy, and the role of the Fed in the housing market. The conversation also touches on interest rate projections, market dynamics, and the use of the Fed's overnight reverse repo facility.

What are the potential risks associated with tapering asset purchases?

In what ways does the housing market impact the Federal Reserve's monetary policy?

What indicators does the Fed use to evaluate the labor market's recovery?

How does the Fed view the relationship between interest rates and economic recovery?