Fed's Williams: The economy's in a very good place

Author: Adam Button | Category: Central Banks

Williams at a SIFMA conference:

  • We are very close to achieving our inflation goal
  • Inflation is low and stable, unemployment is low
  • Fed's aim is to keep economy in this good place
Hardly anything notable here so far.

  • Fed will stick to data dependent approach
  • Monetary policy is now well-positioned
It takes a lot of nerve to talk about data dependence after cutting 3 times on no real changes in data.
  • We're very focused on end-of-year in money markets

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