Knocking stocks for a few points is San Francisco Fed President Williams reiterating his hope QE...

|By:, SA News Editor

Knocking stocks for a few points is San Francisco Fed President Williams reiterating his hope QE can begin to be tapered this summer and halted by year's end. This is not the first time Williams has said such, but he does reside in the FOMC's dovish camp. He notes even without QE, Fed policy would remain extraordinarily stimulative.