Dec 21, 2018
Fed's Williams: Fed did change policy views at meeting this week
Additional comments from New York Fed President Williams' interview with CNBC continue to cross the wires.
- Fed did change policy views at meeting this week including longer-term path for rates.
- Believes that Fed has adjusted policy path based on the economy.
- We are now at bottom range of estimates of neutral rate.
- Fed had a good discussion that included financial markets.