Fed's Williams: US monetary policy is in a good place

Author: Justin Low | Category: Central Banks

Further comments by NY Fed president, John Williams

  • Fed is close to achieving its goals
  • Need to keep focus on price stability, employment
  • US economy is in good shape
  • Economy has rebounded pretty solidly after soft patch at the end of last year
  • Sees mixed messages in Q1 GDP data
  • Says economy is well positioned to deal with challenges
  • Says business confidence in the US has rebounded
  • Tariffs have had a small boost to inflation
  • Says that larger tariffs will have a bigger impact
Pretty much the generic stuff coming out from Williams here. There's nothing in his remarks that suggest a shift in tone by the Fed as they continue to stay patient and wait on further data before proceeding.

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