The economy is clearly facing several challenges, primarily from overseas, but the three rate cuts since July should help sustain growth, said New York Fed President John Williams on Tuesday.
“From the domestic point of view, things are strong and continue to be strong, but we’re dealing with various global factors we’re trying to navigate,” Williams said, in a talk at a Sifma conference in Washington.
The U.S. economy is facing headwinds from slower global growth, uncertainty from trade and muted inflation pressures, Williams said.
