More from NY Fed Pres. Williams
- Monetary policy can anchor inflation expectations
- Not looking at trade in terms of ups, downs each day
- Even with the trade resolution, uncertainty may remain
- Policy should be overly influenced by 1 action
- Want to think of where economy will be in 1 to 2 years
- Want to return reserves the level of summer, early SEP
- Fed efforts to boost reserves appear to be working