Fed's Williams: arguments for adding policy accommodation have strengthened over time

 Fed's Williams has been crossing the wires today and came with additional comments as follows:

•  Arguments for adding policy accommodation have strengthened over time.
• Uncertainties around trade, global growth have not improved.
• Not seeing uncertainties shifting in a positive direction.
• Market expectations of rate cuts are showing up in easier financial conditions.
• Data suggests labour mkts aren’t as tight as he used to believe.
• Says his view of the natural employment rate has been lowered.
• Issues facing fed include uncertainties around us. economy, growth going forward, infl. below goal.
• Carefully watching inflation, including possibility of infl. expectations falling.
• Sees us interest rates as neutral.

Fed Williams earlier comments:

Federal Reserve's Williams: Growth outlook outside the U.S. has dimmed