Trade 'Resilient' to Tariffs So Far, Fed's Williams Says -- Market Talk
Dow Jones12-16
1100 ET - Tariffs haven't rocked the economy as much as initially expected, either in terms of inflation or the overall volume of trade, New York Fed President John Williams says at a question-and-answer session in New Jersey. "A lot of people have been surprised by how resilient trade has been," Williams says. He says despite elevated tariffs the economy remains on solid footing, with a decent base-case outlook for inflation, the labor market and growth in 2026. (matt.grossman@wsj.com; @mattgrossman)
(END) Dow Jones Newswires
December 15, 2025 11:00 ET (16:00 GMT)
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