New York Fed President John Williams said Friday that the U.S. economy remains in a solid position, even as companies and consumers face fresh uncertainty tied to possible new tariffs.

Williams described current economic conditions as broadly stable, signaling that businesses have so far continued to navigate trade-related risks without a major disruption to overall growth.

His remarks come as markets closely watch Washington’s trade policy and its potential effect on prices, hiring, and investment. For now, Williams suggested that underlying economic momentum still appears intact.

The comments add to the Federal Reserve’s ongoing assessment of how tariff policy could influence inflation and the broader outlook in the months ahead.