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Longview: The Economic Outlook

John Williams

FRBSF Economic Letter, 2016

Abstract: Despite the very real struggles that some parts of the country, including Alaska, are facing, the broader national economy is in good shape: We?re at full employment, and inflation is well within sight of, and on track to reach, our target. Under these conditions, it makes sense for the Fed to gradually move interest rates toward more normal levels. The following is adapted from a presentation by the president and CEO of the Federal Reserve Bank of San Francisco to the Anchorage Economic Development Corporation in Anchorage, Alaska, on August 18.

Date: 2016
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