Fed's Williams: Uncertainty in the economy has risen dramatically

Eren Sengezer FXStreet

Additional comments from NY Fed President John Williams continue to cross the wires with key quotes found below.

Good data is how we make our decisions and we don’t have some data due to shutdown.
Will see rebound in GDP after shutdown ends.
Shutdown could affect consumer spending, take half a percent or a percent off GDP growth.
Shutdown does have significant impact on Q1 growth
Uncertainty in the economy has risen dramatically.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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