Listen: John Williams, Federal Reserve, United States discussed on Glenn Beck
"Much Michael Mckee that is our own Michael Mckee, speaking with New York fed president John Williams and everything from inflation to emerging markets to trade him, a wide ranging interview that really reflects this belief that the Federal Reserve is on a steady course of interest rate hikes does not seem to appear that believes that inflation is about to pick up dramatically, but that things. Also SIMS go, nor are the issues of trade and tariffs having an immediate effect. John Williams saying that they don't have a major factor. They don't factor into any kind of influence in the US economy in terms of jobs and inflation, at least at the moment, and that the no clear signs of upward pressure for inflation. You know, it's interesting as he was speaking. I was thinking that Federal Reserve members have actually been vindicated tremendously about the yield curve because a lot of us have been sort of harping on this point of a flattening yield curve, and fed members have said it doesn't concern us. We see positive signs in the economy now, it's actually starting to steep, and you're actually starting to see longer term yields rise more than shorter term yells. So it kind of gives them even more room to go ahead and raise rates. Yes. And I think the quote was he sees a pretty strong run for the US economy expects US GDP growth at or above three percent this year and above at two and a half percent. Next year. So not seeing any signs of recession. Definitely definitely seeing seeing strength. All right now. Let's check on what markets are doing right now. Let's go to Greg Jarett in the Bloomberg newsroom.."