Fed's Williams sees advanced economies stuck in low growth mode
Posted: Tue Jun 27, 2017 7:28 am
CNBC - 6/27/2017 - Reuters - Central banks in the United States and other advanced economies will find themselves stuck with slow growth over the long-term unless fiscal authorities do something decisive to turn things around, a U.S. central banker warned Tuesday. Central banks in the U.S. and other advanced economies will find themselves stuck with slow growth over the long-term unless fiscal authorities do something decisive to turn things around, a U.S. central banker warned Tuesday. Aging demographics and a productivity slowdown are putting the brakes on global growth, San Francisco Federal Reserve President John Williams said. Read more @ http://www.cnbc.com/2017/06/27/feds-wil ... -mode.html