Williams: There Is No Try
From newyorkfed.org
Good afternoon. I’d like to thank the Cynosure Group for having me here today. Randy often needles me for using overly modern cultural references in my discourse—by which he means those that postdate Cicero. In that regard, I can’t help but point out that Cynosure refers to the constellation commonly known as the Little Dipper, and this event is being held on May the 4th. A perfect alignment of the stars, if there ever was one. Today, I will talk about how the Federal Reserve is working to achieve its dual mandate of maximum employment and price stability at a time of great uncertainty. I’ll also discuss the U.S. ...
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