NY Fed's Williams says low rates can move up asset prices and widen inequality

Feb 25 (Reuters) -

* NY FED'S WILLIAMS SAYS A HIGHER MINIMUM WAGE WOULD WORK THE BEST IN A STRONG ECONOMY WITH OTHER FORCES SUPPORTING WAGES

* WILLIAMS SAYS POLICIES THAT SUPPORT JOB TRAINING BOOST PRODUCTIVITY AND WAGES

* WILLIAMS SAYS RESEARCH SHOWS JOB LOSSES CAUSED BY HIGHER MINIMUM WAGE ARE RELATIVELY SMALL

* WILLIAMS SAYS THERE IS SOME EVIDENCE THAT LOW INTEREST RATES CAN MOVE UP ASSET PRICES DISPROPORTIONATELY HELD BY WEALTHY HOUSEHOLDS (Reporting by Jonnelle Marte)