New York Federal Reserve President John Williams has indicated that the US economy may continue to recover in the second half of the year. His most prominent statements were:
The possibility of raising interest rates remains low - for the time being.
The Fed is closely monitoring market developments.
Current conditions do not call for a change in monetary policy.
The possibility of controlling the yield curve is on the table, but it is not the best option.
The economy is in a slow growth environment for now.
Maintaining liquidity supply is essential to bolster confidence in the financial markets and support employers.