Ferrying Through the Crosscurrents - Economic Outlook Speech

Thu, 16 Apr 2026 05:40:01 +0000
Financial Services

Federal Reserve Bank of New York President John C. Williams delivered remarks on the U.S. economy to the Staten Island Economic Development Corporation on March 30, 2026. The speech addressed the Fed's dual mandate goals of maximum employment and price stability, noting the economy remains resilient with solid growth and consumer spending, though inflation remains somewhat elevated due to tariff effects. The labor market shows mixed signals with unemployment fluctuating in a narrow band of 4.3 to 4.5 percent since last July.