John Williams Downplays Recession Fears, Stresses Flexible Fed Policy
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during an Economic Club of New York (ECNY) event in New York, U.S. (Photographer: Mark Kauzlarich/Bloomberg)

John Williams Downplays Recession Fears, Stresses Flexible Fed Policy

(Bloomberg) -- U.S. central bankers said the economy is still on track for solid growth this year despite concerns in financial markets that it was heading for trouble.
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