Federal Reserve's Williams: Current policy is in good shape, but somewhat restrictive
ChainCatcher news, according to Jinshi reports, Federal Reserve official Williams stated in an interview with CNBC that the Federal Reserve has begun to consider how future fiscal policies will impact the economy. There is a lot of uncertainty regarding future fiscal policies and inflation. He has taken into account some considerations regarding the impacts of trade and immigration.
Williams stated that recent data is consistent with the Federal Reserve's economic forecasts, indicating that the economic situation is good, but he expects the growth rate to slow to 2.0% next year. The Federal Reserve will have to rely on data when formulating policies, and while the current policy is in good shape, it is somewhat restrictive.
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