• New York Fed president Williams: We have really been focused on credit availability and where it will continue to be

Market news

27 May 2020

New York Fed president Williams: We have really been focused on credit availability and where it will continue to be

  • We're seeing some signs of pickup
  • We're seeing signs of increased travel and spending
  • Tourism will take longer
  • We will be watching data on restarting very closely
  • We need fiscal policy that can provide income to individuals
  • The virus is driving this, that's what we will be following
  • I expect inflation to remain low over the next year or so

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