Fed can no longer ‘wait and see’, says Williams

john-williams-sanfranfedreserve

The president of the Federal Reserve Bank of San Francisco has warned that should the Federal Open Market Committee “delay too long” in removing monetary stimulus put in place during the recession, there is a risk the economy could overheat.

“At some point, that would put us in the position of having to quickly reverse course to slow the economy. That risks stalling the expansion and setting us back into recession,” John Williams says.

For Williams, the US economy has “fully recovered”, and he

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: