NY Fed Pres. Williams is seeing job growth moderate
NY Fed Pres. Williams is speaking on the economy and says:Job growth is moderatingFed is looking at totality of economic data.Eventually there will be rate cutsNY Fed Pres. Williams is a permanent voting member on the FOMC board.More from Feds WIlliams:Balance sheet wind down has gone smoothlyBalance sheet drawdown haven't affected markets. Consumers still spending, sees GDP 2% – 2.5% range this year.Real wages are improvingSees signs of more consumer caution on spendingEconomy is still healthy but is growing more slowly This article was written by Greg Michalowski at www.forexlive.com.
NY Fed Pres. Williams is speaking on the economy and says:
- Job growth is moderating
- Fed is looking at totality of economic data.
- Eventually there will be rate cuts
NY Fed Pres. Williams is a permanent voting member on the FOMC board.
More from Feds WIlliams:
- Balance sheet wind down has gone smoothly
- Balance sheet drawdown haven't affected markets.
- Consumers still spending, sees GDP 2% – 2.5% range this year.
- Real wages are improving
- Sees signs of more consumer caution on spending
- Economy is still healthy but is growing more slowly