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18 Jan 2019
Fed's Williams: Uncertainty in the economy has risen dramatically
Additional comments from NY Fed President John Williams continue to cross the wires with key quotes found below.
- Good data is how we make our decisions and we don’t have some data due to shutdown.
- Will see rebound in GDP after shutdown ends.
- Shutdown could affect consumer spending, take half a percent or a percent off GDP growth.
- Shutdown does have significant impact on Q1 growth
- Uncertainty in the economy has risen dramatically.