Fed’s Williams: Too early to say if there is a serious risk of trade war

Fed’s Williams: Too early to say if there is a serious risk of trade war

San Fransisco Fed head John Williams spoke to El Pais newspaper

  • Significant trade war could have very negative economic effects
  • Removal of extraordinary measures should be very gradual, no quick changes
On Friday, he
mentioned that he sees continued rate increases by the Fed and in an interview with Spain’s ABC newspaper he also mentioned that it makes sense for the Fed to keep raising rates.

Right now, they seem to be putting the trade rhetoric in the background as they continue their path to hike rates.

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