From the Fed’s Williams to St. Louis
- The u.s. economy is on the right track in spite of the hurricanes
- Fed in the future to rely more on unconventional tools
- Too much growth could stimulate asset bubble, inflation
- Mandated cuts in medicare payments that inflation is moderating
- No sign yet that the neutral rate of interest rates on the rise
- Still expects a pay rise to help push inflation
We have heard all this before from Williams.