• New York Fed President Williams: US monetary policy is in a good place

Market news

14 May 2019

New York Fed President Williams: US monetary policy is in a good place

  • Fed is close to achieving its goals

  • Need to keep focus on price stability, employment

  • US economy is in good shape

  • Economy has rebounded pretty solidly after soft patch at the end of last year

  • Sees mixed messages in Q1 GDP data

  • Economy is well positioned to deal with challenges

  • Business confidence in the US has rebounded

  • Tariffs have had a small boost to inflation

  • Larger tariffs will have a bigger impact

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