The Fed: Fed’s Williams says economy won’t hit its weakest point until next year

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The U.S. economy won’t hit its weakest point of this cycle until 2024, according to New York Federal Reserve President John Williams.

“I have actually lowered my forecasts a little bit for next year,” Williams said, in an interview published by the Financial Times.

“I think that some of the tightening of monetary policy and some effects of…