• Fed's Williams: "It is very important to maintain accommodative monetary policy"

Market news

4 May 2012

Fed's Williams: "It is very important to maintain accommodative monetary policy"

 

    • The rate of unemployment is too high

    • In 2013-14 years inflation will be slightly below 2%

    • Economic growth in 2012/13 years. expected at 2.5% and 2.75% respectively

    • The country's economy faces significant risks, including those from the eurozone and the U.S. budget

    • The state of the banking system reflects a mixed economic picture in the U.S.

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