July 11, 2019 / 6:20 PM / 12 days ago

Fed's Williams says he does not see elevated U.S. recession chance

ALBANY, N.Y., July 11 (Reuters) - New York Federal Reserve President John Williams said on Thursday that he does not see an elevated near-term chance of a U.S. recession but that the central bank has to be ready to adjust rates if needed.

Williams spoke at an event at the University at Albany - State University of New York. (Reporting by Trevor Hunnicutt Editing by Chizu Nomiyama)

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