Fed’s Williams: not concerned fiscal support is ‘excessive’

Fed’s Williams: not concerned fiscal support is ‘excessive’
(Reuters) - New York Federal Reserve President John Williams said on Friday he’s not worried the economy will overheat due to government overspending, adding that employment and inflation are far below levels that would prompt the U.S. central bank to dial back its own support.FILE PHOTO: John Williams, Chief Executive Officer of the Federal Reserve… Read More

Fed’s Barkin: U.S. economy doesn’t need ‘herd immunity’ to rebound

Fed’s Barkin: U.S. economy doesn’t need ‘herd immunity’ to rebound
FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses during a break at a Dallas Fed conference on technology in Dallas, Texas, U.S., May 23, 2019. REUTERS/Ann Saphir(Reuters) - A slower-than-expected vaccine rollout and the rise of coronavirus variants may make attaining herd immunity against the novel coronavirus difficult, but that should not… Read More