NY Fed’s Williams says now not the time to take action on tapering

Reuters/Jonelle Marte

Repost from 6-4-2021

BoY chartered 1914

“While it makes sense for Federal Reserve officials to begin discussing their options for adjusting monetary policy, the U.S. economy is still far from the point at which the central bank might begin to withdraw its support, New York Fed Bank President John Williams said on Thursday.”

USAGOLD note: This report contributed to gold’s rise on Friday.

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