News Headline Summary

Fed's Williams expects 200,000 job growth per month in 2014

- Fed's forward guidance on path of interest rates is primary policy tool, QE3 is overlaid on top of that.
- Need to rethink some specifics of Fed's exit policy, consider option of holding on to assets for longer.
- Fed needs more flexibility in exit policy, which was set out when Fed's balance sheet was smaller.

Update details:

- Fed's Williams is a non-voter and has a dovish stance.

Print 21:16, 03 Apr 2013 - Asian News - Source: Newswires