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Fed’s Williams warns strain on lower-income Americans could undercut growth
Federal Reserve Bank of New York President John Williams cautioned that financial stress among lower- and middle-income households could erode the U.S. economy’s strength, even as affluent Americans continue to benefit from surging equity markets, according to an interview with the Financial Times. Williams said the Fed’s December interest rate decision will be “really a balancing act,” noting that while “inflation is high, and it’s not showing signs of coming down right now,” the broader economy “is showing some resilience.” Still, he said affordability pressures are squeezing many Americans, ... (full story)
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Nov 9, 2025 2:28pm
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People that are against Tariffs are FOOLS! We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price. 401k’s are Highest EVER. We are taking in Trillions of Dollars and will soon begin paying down our ENORMOUS DEBT, $37 Trillion. Record Investment in the USA, plants and factories going up all over the place. A dividend of at least $2000 a person (not including high income people!) will be paid to everyone
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