Fed's Williams sees risks rising for central bank's job mandate

By Michael S. Derby

NEW YORK, Sept 4 (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday that risks to the job market have been rising.

“It’s clearly the case that some of the downside risks” to the job market have “increased,” Williams said at a meeting of the Economic Club of New York. At the same time, so far, tariffs do not appear to be creating a persistent inflation threat, he said.