Williams expects US jobless rate around 5% in the next few years

FXStreet (Bali) - Fed’s Williams crossed the wires saying Fed policy is ‘driven by US economic concerns’, adding that Ukraine is mostly a geoploitical risk rather than a direct economic one. Talking about jobs, Williams said he expects the jobless rate to be reduced in the years to come to around 5%, while GDP is expected to stay around 2–2.5%. Finally, he said Yellen encourages discussion, debate on FOMC.