More from Feds Williams: Feds main goal is to anchor inflation expectations

Author: Greg Michalowski | Category: Central Banks

More from New York Fed Gov. Williams

New York Fed president Williams is speaking at a Women in Housing event
  • Feds main goal is to anchor inflation expectations a 2%
  • fiscal policy help position the economy for a strong rebound
  • biggest driver to the economy are the virus and vaccinations
  • He is not that concerned about fiscal and creating significant and sustained imbalances that lead to high inflation
  • The Fed has the tools to deal with inflation
  • Does not see a deterioration of lending standards in the housing market
  • Fed is focused on making sure the banking system is a safe and sound
  • A strong economy will put commercial real estate in a generally good place, but will have to see how it plays out
  • It may take cities longer to get back to full strength because they rely on office workers
Comments are in line with the overall Fed view on the economy and monetary/fiscal policy
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