Fed’s Williams: Penciling in 3 more hikes for 2018 to return to a normal level of 2.5%

More headlines crossing the wires from San Francisco Fed President Williams’ interview held earlier today.

Key Points:

A Dec rate hike makes sense, at least based on the information I have today.

Penciling in 3 more hikes for 2018 to return to a normal level of 2.5%.

Yellen has done a fantastic job during a very difficult time.

Expects Powell to continue "making sure that we have a strong consensus on our policy decisions and strategy".