Fed's Williams says underlying U.S. economic trend is very positive, confident economy continues to grow

Noticias del mercado

29 mayo 2017

Fed's Williams says underlying U.S. economic trend is very positive, confident economy continues to grow

While there's been soft inflation data in the past couple of months, medium-term trend still pretty favourable
Says if there's pull-back in global trade integration, it will be pretty negative
It's his personal view that last thing the fed wants to do is roiling the market
Gradually raising rates will prevent U.S. economy from overheating
Last thing Fed wants to do is fuel unnecessary volatility or disruption

Moody's, on Kuwait, says expects the country's nominal gdp to reach its pre-oil price shock level by 2021

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