📰 FED’S WILLIAMS: DEBATE OF 50 OR 75 BPS IS RIGHT POSITIONING FOR JULY MEETING, WITH MORE DATA TO COME, BUT FED STILL NEEDS TO MOVE ‘EXPEDITIOUSLY’ TO MORE NORMAL RATE LEVELS FED’S WILLIAMS SEES FEDERAL FUNDS RATE AT 3% TO 3.5% BY YEAR’S END, BUT ‘A LOT OF UNCERTAINTY’ AFTER THAT