News Headline Summary

Fed's Williams says unconventional monetary policies have boosted growth without creating unwanted inflation

Says:
- If inflation rises too high, Fed has tools to combat it, including raising rates and selling assets.
- Fed watching carefully for reckless risk-taking in financial system, but most signs point to risk aversion.
- Research shows Qe1 and QE2 together trimmed unemployment rate by 1.5%.
- Fed's QE programs probably kept US economy from falling into deflation.

Analysis details (19:08)

- Williams is a voter on the FOMC but is a well known dove so these QE supportive comments are of no surprise.

05 Nov 2012 - 19:00 - Fixed Income Data - Source: Newswires

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