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Fed's Williams says inflation is still to high, Fed will act

Williams is the president of the New York Fed. As such he has a permanent voting seat on the FOMC. Speaking now.Headlines via Reuters: US inflation still 'too high,' Fed will act to lower price pressuresTighter credit conditions will weigh on growthIt will take time to gauge impact of tighter banking conditionBanking conditions have stabilized, banks stable and resilientLikely to take two years to get back to 2% inflation targetExpects inflation to ease to 3.25% this yearIt will take time for Fe... Read More

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Posted: Apr 19 2023, 23:01

Author Name: forexlive

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