The Fed Wants To Gradually Weaken The Impact Of Market Volatility On Policy Expectations.

The chairman of the San Francisco Fed said Friday (15), from the international

The situation in China is particularly worrying because of the greatest threat to us economic expansion.

"If you want to ask what can make me unable to sleep at night, or what may cause the great depression, I want to say that all of these things are from outside the United States," Williams, chairman of the San Francisco Federal Reserve, said at a seminar. "In fact, I have a slightly positive view of Europe," he said. "But China will not be able to talk about it." John Williams said.

In mid December, the Federal Reserve held its first in nearly ten years.

At present, the Federal Reserve is assessing whether the economy is strong enough to support another interest rate increase. Recently, several Fed officials have reiterated that this year's rate hike path will be gradual and depend on data performance to make decisions.

At a meeting on Friday, Williams said, "it is hard to understand" China's current situation. He is more worried about a hard landing than the economic slowdown in China.

Also on Friday, the Fed's "three figure" New York Fed chairman Dudley (William Dudley) also made a speech, saying that the global economy posed a risk to the United States and expects us economic growth this year to be slightly higher than the long-term trend.

In addition, recent global

Huge fluctuations: oil prices fell below 30 U.S. dollars, U.S. stocks fell nearly last August lows, China's A shares hit a 13 month low and so on, but Fed officials in recent speeches, almost no mention of financial market related issues, may mean that the Fed wants to gradually weaken the impact of market fluctuations on the policy preview.

"We are very close to the rest of the world," Williams said. "The interest rate that the Federal Reserve is keeping is still very low. Although many sectors are improving, the US economic growth is still only 2% in such a relaxed environment. I think it is mainly due to the weak overseas economy and the strong US dollar."

Williams did not have the right to vote in 2016, but he expects the possibility of raising interest rates in January this year is low. He also expects the US economy to grow 2~2.25% this year.