The stock market is in steep retreat as investor nerves grow over the fallout from Trump's erratic style and his trade war with China
Williams endorsed the rate-hike projections, saying "something like two rate increases" next year "would make sense in the context of a really strong economy moving forward"
In its decision on Wednesday, the Fed raised benchmark overnight lending rates by 0.25 per cent to a range of 2.25 to 2.50 per cent
Fed's policy statement says some further gradual rate increases are likely. But its updated forecast projects just two rate hikes next year, down from three that the Fed had predicted in September
Many economists also see the Fed increasing rates next year, although at a slower pace in the face of a possible economic recession
The statement overall reflected little change in the Fed's outlook for the economy since its last policy meeting in September
Central bankers face a choice about whether to proceed with increases after a short delay and risk harming their economies or pause for a more prolonged period
US Fed has made RBI's job tougher
Stress in emerging markets is likely to generate discussion on the sidelines of the gathering. Economists predicted, however, unless global financial conditions worsened considerably, the Fed wouldn't
US Federal Reserve said, 'economic activity has been 'rising at a strong rate,' and the unemployment rate 'has stayed low'.
Donald Trump might want to consider the legacies of Lyndon Johnson and Richard Nixon
Central bank officials face a series of delicate internal judgement calls about the economy and the path of both interest rates and balance-sheet policies
Fed officials also penciled three rate increases in 2019 and two in 2020
The S&P 500 plunged 4.1 percent Monday, making for almost an 8 percent drop over six trading sessions since Jan 26
Stocks recovered on Tuesday a fraction of what they lost over the prior two trading sessions
The debate will be over how many more steps the central bank will take this year, especially if the tax cuts approved in December stimulate the world's largest economy
US Fed rate hike reflects an uptrend in the global economy
Rates on SLF borrowings with tenors from overnight to a month went up by the same amount
Fed Chair Janet Yellen's term expires on January 31
The list also includes Jerome H Powell, a member of the Fed's board of governors; Kevin Warsh, a former Fed governor; and the Stanford University economist John B Taylor, the officials said