Federal Reserve Bank of New York President John Williams said on Bloomberg’s television channel Wednesday the worst of the economy’s decline from the coronavirus crisis may be over, even as he warned hard days still lie ahead in a climate of considerable uncertainty.
“Based on what we are seeing now, I think we are pretty close, maybe May or June will be the low point right now based on the data we are seeing,” Mr. Williams told the television channel. “But let’s not forget this is an extreme decline in economic activity,…
