Fed’s Williams says he is not as concerned about U.S. recession

FILE PHOTO: John C. Williams, president and CEO of the Federal Reserve Bank of New York speaks to the Economic Club of New York in the Manhattan borough of New York
FILE PHOTO: John C. Williams, president and CEO of the Federal Reserve Bank of New York speaks to the Economic Club of New York in the Manhattan borough of New York, U.S., March 6, 2019. REUTERS/Lucas Jackson

March 28, 2019

SAN JUAN (Reuters) – New York Fed President John Williams on Thursday said that he is “not as worried about recession” as some in the private sector despite signs pointing to a global growth slowdown.

The U.S. economy is in a very good place, Williams, one of the central bank’s top officials, said at an event in San Juan, Puerto Rico.

(Reporting by Trevor Hunnicutt; Editing by Chizu Nomiyama)

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