Fed's Williams: Our economic future will be shaped by path of virus

Author: Adam Button | Category: Central Banks

Comments from Williams

  • We will keep rates near zero until confident US economy on track to meet full employment and price stability goals
  • 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
I appreciate the humility on the forecasts. There is so much uncertainty and all the Fed can really do is say they'll keep rates at zero until there's some clarity.

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