New York Fed President John Williams said the fact the economy can operate with historically low unemployment levels without sparking inflation is "good." "Fed's Williams Says It's 'Good' Economy Can Have Strong Job Market Without Inflation," at 3:47 p.m. EDT, incorrectly stated in the second paragraph that Mr. Williams said it is good the economy can operate with historically low unemployment levels without sparking unemployment. (May 20, 2019)

(END) Dow Jones Newswires

May 20, 2019 19:14 ET (23:14 GMT)