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New York Fed President John Williams Discusses the Economic Outlook
John Williams, president of the Federal Reserve Bank of New York, discussed the outlook for the labor market, inflation and interest rates during an interview in New York with Wall Street Journal reporter Nick Timiraos on Friday. Here is a transcript of the interview, lightly edited for clarity and length. Timiraos: We received a payroll number this morning. Can the labor market still be described as solid? Williams: Obviously, I would start with the point I like to make, which is we have to look at the totality of the data. So when I think about ‘Is the labor market solid?’ I would say yes. And that’s really ... (full story)
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