Fed's Williams sees no elevated chance of near-term recession

[McFurd]

Reuters - 3/29/2019 - Trevor Hunnicutt - The U.S. economy is in “a very good place” and the likelihood of a recession in 2019 or 2020 is “not elevated,” a top Federal Reserve policymaker said on Thursday. “I’m not as worried about a recession as some of my colleagues in the private sector,” New York Fed President John Williams said at an event in San Juan, Puerto Rico. “I still see the probability of a recession this year or next year as being not elevated relative to any year.” Read more @ https://www.reuters.com/article/us-usa- ... SKCN1R92CO