Federal Reserve's Williams: The outlook will become clearer after June and July
ChainCatcher news, according to Jinshi reports, the President of the New York Federal Reserve, Williams, stated that there are some signs of rising consumer caution from the data. The economy may slow down this year. It will take some time to have a good understanding of the economic situation.
The Federal Reserve can remain calm in its monetary policy decisions. Tariffs may push up inflation and unemployment rates. The outlook will become clearer only after June and July.
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