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.
- Uncertainties around trade effecting business investment.
More to come…
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