May 17, 2013
Fed may ease off on stimulus
There's talk in high places about the Fed ratcheting back on policies it hoped would add pep to the wheels of commerce.
President of the San Francisco Federal Reserve John Williams made headlines yesterday when he speculated that the Fed may reduce its stimulus efforts in the coming months. Does this mean that the economy is moving in the right direction?
Economist David Wyss of Brown University explains to Marketplace Morning Report host David Brancaccio whether or not Williams’ comments should be interpreted as optimism about the economy.