Fed’s Williams: Fed focused on its twin goals, taking potential headwinds into account

John Williams, president of the Federal Reserve Bank of San Francisco, crossed the wires earlier on the day, via Bloomberg, making a speech at a panel discussion.

Key Quotes:

China's long-run growth prospects may be changing

Labor accounting for smaller portion of China growth

US economy driven primarily domestically; China not a big driver of business investment

Fed focused on its twin goals

Fed always taking potential headwinds into account