The Minutes of John Williams on immigration https://minutesof.com/john-williams/on/immigration/ Everything John Williams has said on immigration: 2 verbatim quotes, each with a timestamp and a link to the recording it came from. en Fri, 23 Oct 2026 11:03:05 +0000 Williams expects uncertainty, tariffs, and reduced immigration to restrain spending and labor force growth. https://minutesof.com/q/82d53068-5dda-46d8-aa5e-51ddc3cbe34f/ https://minutesof.com/q/82d53068-5dda-46d8-aa5e-51ddc3cbe34f/ “But based on what the data tell us today, I expect uncertainty and tariffs to restrain spending and reduced immigration to slow labor force growth.” — NY Fed speeches immigration Williams expects trade and immigration policies combined with uncertainty to weigh on growth. https://minutesof.com/q/76678b47-6bf5-4cc3-b031-a4a0c7b2d3b7/ https://minutesof.com/q/76678b47-6bf5-4cc3-b031-a4a0c7b2d3b7/ “But based on what the data tell us today, I expect the combined effects of trade and immigration policies and associated uncertainty to continue to weigh on growth.” — NY Fed speeches immigration