Fed President says current interest rates are in line with the economy

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      "I think there are still some downside risks in the global economic outlook when inflation is still below the target, and I will definitely pay more attention to indicators of economic downturn," Williams told reporters after attending a capital market meeting in Washington.
Earlier, Williams echoed his colleagues at the Federal Reserve, saying that monetary policy was in line with the state of the U.S. economy, which "is in the state we expect.".
At the October policy meeting, the Fed's policy makers reduced the target range of the target interest rate by 0.25 percentage points to 1.50% - 1.75%, with eight in favor and two against.
This is the third rate cut this year, but the Fed made it clear at the time that it would only cut rates again if the US economic outlook deteriorated substantially.
Earlier this month, Williams also said that the U.S. economy is in good shape, and stressed that the Fed's measures to reduce borrowing costs this year should be able to mitigate the potential risks of the Sino-U.S. trade war and slowing global economic growth.


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