- New York Fed president Williams: Fed decision on rates, policy will depend on what happens with the economy
Market news
13 November 2020
New York Fed president Williams: Fed decision on rates, policy will depend on what happens with the economy
- Says that news on the economy has been much better than expected
- Economic indicators still show economy on a positive trajectory
- Economy may slow somewhat due to recent virus surge
- Sees a lot of downward pressure on inflation
- Inflation will be lower than what we want in the next few years
- Markets are reacting to the better outlook, not inflation
Market Focus
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