New York Fed President John Williams said yesterday that the US is now in a state of “overall strong economy”. And, “employers are now struggling to fill job openings.” He called it a “great time for businesses to set up” with internships, training programs and school partnerships.
And he’s not concerned with the rise in housing and stock prices. He pointed out that “we’re not seeing the kind of build-up in leverage in the financial system that was pretty obvious in the mid-2000s.” Also, “we’re not seeing that kind of risk-taking in the financial system right now, but we are watching very carefully.”
