Raheem Sterling has already been capped by England this season.
Hodgson told the Daily Star Sunday: "It's nice to know Liverpool are promoting their young players.
"I've got to say, when I went to Liverpool, I was impressed with the academy and some of the players that we had there.
"Players like Wisdom, Sterling and Kelly played a lot of games when I was coaching there. So I was aware of all these players and it's very nice to see them coming through and doing so well.
"Sterling has stepped up from being a talented, potential first-team player, to being a very obvious first-team player."