Fed williams boxing meme

Comments from the New York Fed President John Williams in a moderated discussion on the economic outlook.

  • Economic outlook is uncertain, data will drive monetary policy
  • Expects inflation to cool to 3.25% this year
  • Unemployment rate to tick up to around 4.5%
  • Current banking problems aren't an echo of 2008 events
  • Banks are resilient and well capitalized
  • Have to put

We've heard these comments before, he loves to tout economic data dependence.