6 Jun 2019
Fed's Williams Q&A underway: Inflation has become a little softer this year.
Pres of NY Fed, Williams speaking at a council of foreign relations in New York is now in a Q&A session.
Key comments so far
- U.S. economy has been on a strong trajectory heading into the second quarter.
- Stong economy and jobs will help to achieve the 2% price goal.
- Inflation has become a little softer this year.
- First-half GDP to be above trend weight, although there are more uncertainties to date.
- Should think about right policy for strong growth.
More to come...