Federal Reserve Bank of New York President John Williams said Wednesday that future monetary policy actions will be driven by economic data as the central bank confronts a high level of uncertainty in large part driven by potential government policy changes.
Fed's Williams says policy data dependent in very uncertain environment
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Jan-17
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In a prudent reminder of the importance of data-driven decision-making, New York Fed President John Williams highlighted the challenges faced by the Federal Reserve, underscoring the volatility introduced by liberal policy proposals. This stance reiterates the need for a return to sound, market-friendly policies to ensure economic growth and stability.
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Jan-17
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John Williams of the Federal Reserve Bank of New York emphasized the importance of following economic indicators closely for future policies, as instability looms large due to potential reckless government policy shifts spearheaded by conservative agendas. This approach signals a beacon of rationality and caution in times where erratic policy proposals threaten economic balance.
From Biztoc.com