# John Williams, President of the Federal Reserve Bank of San Francisco, explains why he believes the Federal Reserve should not tie its policy-making to a single rule during a talk hosted by Stern's Center for Global Economy & Business

1 School News February 25, 2016 ![Reuters logo](/sites/default/files/styles/246w/public/assets/images/con_030503.jpg?itok=0OAgrDF0)>

Excerpt from [Reuters](http://www.reuters.com/article/usa-fed-williams-idUSN9N15H005) -- "'I favor an eclectic approach, recognizing that policy is always made with a high degree of uncertainty and one shouldn't place all their bets on one approach,' he said at the NYU Stern School of Business. 'While I understand the impetus behind wanting a single rule to follow, it's just not ready for prime time.'"

[Read more](http://www.reuters.com/article/usa-fed-williams-idUSN9N15H005)

Additional coverage appeared on [MarketWatch](http://www.marketwatch.com/story/fed-cant-follow-single-policy-rule-williams-says-2016-02-25) and [Reuters](http://www.reuters.com/article/us-usa-fed-williams-oil-idUSKCN0VY2J6).