Fed's Williams: If US economy continues on current course, gradual rate hikes is the 'right path'

Additional comments from New York Fed President Williams continue to cross the wires as he speaks in an interview with Bloomberg.

• Now worried about inflationary pressures at least for the next year or two.
• Estimate of neutral rate is a component of rate setting decisions.
• Says he never takes a 'pause' in decision-making process on rates, will adjust views in line with data.
• If US economy continues on current course, gradual rate hikes is the 'right path'