2/14, 1:11 AM (Source: TeleTrader)
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Fed's Williams: US economy in very good place

New York Federal Reserve President John Williams said he believes the US economy is in a "very, very good place."

Speaking at a New York Bankers’ Association event, Williams said he expects growth to continue although he acknowledged there are some risks, such as the outbreak of the coronavirus in China and its possible effects on global growth.

Regarding inflation, Williams stated he expects it to pick back up close to the Fed's target of 2% this year.

Breaking the News / JC