Williams says Fed policy is almost normal

John Williams
Shell Jiang

The Fed’s slimmed-down statements are a sign that the US is nearing the end of the normalisation process, said New York Fed president John Williams in a speech on October 9.

The Fed is “inching closer to conducting normal monetary policy”, Williams said.

The Fed president expects GDP to increase by around 3% this year and by 2.5% in 2019, and inflation to marginally rise above the 2% target. Assuming the growth forecasts are realised, this would be the longest US economic expansion in history,

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: