NEW YORK, July 16 (Reuters) - Federal Reserve Bank of New York President John Williams acknowledged on Wednesday there's a difference between what economists expect from the economy and the more optimistic outlook held by traders and investors.
"Financial conditions overall are pretty supportive of growth," Williams said of the upbeat view of markets, in comments made before a gathering of economists in New York.
The official also said the current state of monetary policy will help lower inflation and will modestly weaken the job market from current levels.