Federal Reserve's Williams: Outlook will be clearer after July/August

BlockBeats News, May 19th, President of the Federal Reserve Bank of New York, Williams, stated that some signs of rising consumer caution can be seen 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 Fed can remain calm in monetary policy decisions. Tariffs may push up inflation and unemployment. The outlook will be clearer after June and July. (FX678)