Federal Reserve's Williams: Growth outlook outside the U.S. has dimmed

Ross J Burland FXStreet

Federal Reserve's Williams is crossing the wires and has said that the growth outlook outside the U.S. has dimmed.

Further comments:

Investment has softened mfg output has declined.
Sees U.S. 2019 Gross Domestic Growth is around 2.25%.
Spending is positive, other signs indicate slower growth.
Does not see an elevated near-term chance of U.S. recession.
Must be ready to adjust policy to prolong economic expansion.

Additional Fed speakers today:

Powell speech: Policy has not been as accommodative as we thought

Fed's Barkin: Focused on economic data, not the markets

Fed's Bostic: Sceptical inflation expectations are weak

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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