Federal Reserve San Francisco bank head John Williams audience Q&A

Growth in productivity but it is not super high

More:

  • Federal government has an unsustainable fiscal path
  • Federal Reserve focusing on inflation as the job market has tightened
  • Soft landing easier for pilots than for the Federal Reserve
  • He is not worried about the debt crisis right now
  • Federal Reserve is not coordinating policy other central banks

more to come

--

There's be a media Q&A to follow after this