Fed's Williams: Sees natural rate low for foreseeable future

New York Fed President has recently crossed the wires saying that inflation expectations could slip over time if the Fed sticks with the current 2% targeting framework.

Key quotes (via Reuters)

• Sees benefits of adopting 'average-inflation' or 'price-level' targeting frameworks.
• Backs alternative strategies for dealing with longer-term challenges of low global rates.
• Sees neutral rate low for foreseeable future.