- New York Fed president Williams: We will keep rates near zero until confident U.S. economy on track to meet full employment and price stability goals
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21 maio 2020
New York Fed president Williams: We will keep rates near zero until confident U.S. economy on track to meet full employment and price stability goals
- Our economic future will be shaped by path of virus
- Latest numbers do not reveal full extent of financial devastation face by American families
- We don't know what the shape or timescale of the recovery will be
- Fed has unwavering commitment to limit economic damage from pandemic
- Fed's actions to support credit markets and economy are not at all inflationary
- If anything, inflation is likely to run below trend
- Goal of monetary policy is to try and minimize long-term damage to economy
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