NY Fed Chairman Williams Finally Pleases Wall Street With Shutdown Comment

New York Fed chairman John Williams said today that the government shutdown will cut into quarterly GDP growth by as much as 1%. Don’t panic. Here’s how to interpret this:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

6 recipes to keep you occupied and well-fed on a snow dayThis is actually just a plug for the movie 'Snow Day,' sorry.
Read more »

Fintech firms want to shake up banking, and that worries the FedThe U.S. Federal Reserve is wary of giving 'fintech' firms such as OnD...
Read more »

Markets need not be worried about China's economy, the Trump-Xi trade war, or the FedThe triad of China's economy, trade war and the Fed's policy is a false alarm — the main problems are America's dangerous security challenges around the world involving military confrontations with China and Russia, Michael Ivanovitch writes.
Read more »