Fed’s Williams More Upbeat on Economic Recovery

President of the Federal Reserve Bank of New York, John Williams, said that his view on the economy has become somewhat more upbeat.

Williams reiterated the Fed’s commitment to using all available tools to support a strong economy, MarketWatch reported.

“We have the ability especially with monetary policy to make sure that interest rates are low and understood to be continued to be low throughout the recovery.”

“A key part of this is basically keeping financial conditions as supportive of a strong economy as possible.”