“Fed’s Williams: ‘Uncertainty is high’ amid shifting US economic policies”
March 24, 2025
“New York Federal Reserve President John Williams on Friday stressed the uncertainty of the US economic outlook, saying he expects lower growth this year amid a lot of unknowns about the impact of new trade, fiscal, and immigration policies.
“It’s hard to know with any precision how the economy will evolve,” Williams said in a speech at the Macroeconometric Caribbean Conference in the Bahamas…”
No. It is not hard. This person is just a DEI hire. How come I have a more clear picture how the economy will evolve than the New York Federal Reserve President? They are not qualified. It’s dangerous to give people positions this powerful when they’re incompetent. John Williams needs to be fired. He’s a danger to society; specifically the U.S. economy effects on it. That’s not an understatement.
There will be some short term pain until small U.S. businesses fills the tariff gap. This is what is going to happen. How much I can not say because that depends on multiple factors. Also it’s possible to mitigate the short term negative effects.