New York Fed president Williams: Fed set up to make sure credit is flowing to businesses and state and local entities

Market news

16 October 2020

New York Fed president Williams: Fed set up to make sure credit is flowing to businesses and state and local entities

Says he is optimistic about economic outlook but acknowledges that it's going to be a challenging period
COVID hit certain sectors hard, such as travel and arts
Demand for the arts is as strong as ever

BoJ's deputy governor Wakatabe: BoJ won’t directly target exchange rates

U.S. business inventories increase 0.3 percent in August

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