New York Fed President Williams is speaking at an event in Buffalo, NY, with key quotes, via Reuters, found below.
- Wage growth remains a puzzle and ‘big issue’ for Fed.
- It’s a pretty good time for the U.S. economy.
- Slow wage growth evidence the Fed can be patient in an economy that still has ‘room to run’.
- Lack of inflationary pressure means no need to raise rates further.
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