Fed's Williams: trade spat and continued uncertainty is a worry

Fed's Williams, speaking in Madrid, says he does not expect inverted yield curve over next few years.

Additional remarks:

• So far what has happened in trade spat has little effect on economic outlook.
• What worries him on trade spat is continued uncertainty.
• Says uncertainty over trade policy can have a detrimental effect on businesses, people.

About John C. Williams:

John C. Williams is the president of Federal Reserve Bank of San Francisco. In this role, he serves on the Federal Open Market Committee, bringing the Fed’s Twelfth District’s perspective to monetary policy discussions in Washington.