• Fed’s Williams says Fed does not have a strong a toolkit as would like to have for fighting the next recession

Market news

26 February 2018

Fed’s Williams says Fed does not have a strong a toolkit as would like to have for fighting the next recession

  • Really need to address questions of how to respond to next recession

  • Monitoring narrow credit risk spreads, could reflect complacency

  • Overall financial system looks good, banking system highly capitalized

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