Fed Member: will be closely monitoring financial market developments

6 Mar 2020 10:20 AM

US Federal Reserve Member Williams confirmed that financial market developments are closely watched. His most prominent statements were as follows:

US economic fundamentals are strong.

Fed will remain resilient and monetary policy will be adjusted as necessary.

The outbreak of Coronavirus has consequences for the global economy in the short term.

Central banks have a pivotal role in determining the implications of the Coronavirus for the economy.

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