New York Fed President Williams worries war will slow growth, aggravate inflation

Let me get to uh John Williams here, the New York Fed president making comments at this time. He says the Middle East conflict has introduced substantial risk and heightened uncertainty, but he says that the current stance of monetary policy is quote well positioned to balance the risk. And kind of getting at what we were just talking about, he says the economy has been resilient to uncertainty with strong consumer spending and solid business investment.We saw some of that in the Philly Fed. I'll get back t ...