Fed's Williams: Main risks to the US economy are outside of US

Author: Adam Button | Category: Central Banks

Williams speaking to students

  • The US economy is doing ok
  • Europe is still slow
  • Over the past few years, economic developments around the world have hurt the US
  • The US economy is doing the best of advanced economies right now
  • I fear overly light regulation
  • I have a fantasy that if I don't tell Congress how to do their jobs, they won't tell me how to do mine. It hasn't worked out
  • There are two economies in California and the US: Strong in urban areas, struggling in rural areas
  • I don't think we're going to get a lot of manufacturing jobs coming back; cities automation
  • Service sector is the future of the US economy
  • Doesn't see a threat to US dollar dominance