SF Fed chief Williams sticks to script, patting the FOMC on the back for QE2, and calling for...

|By:, SA News Editor

SF Fed chief Williams sticks to script, patting the FOMC on the back for QE2, and calling for additional monetary easing. He forecasts inflation - currently running at 2.75% - to decline below the Fed's target of 2%, giving the bank ample room to ease without fear of jacking the price level too far.