Energy-Price Surge Will Work Through Economy Slowly, Fed's Williams Tells Fox Business

Fed's Williams Sees Risks to Inflation, Employment Balanced

(Bloomberg) — Federal Reserve Bank of New York President John Williams said risks to inflation and employment from higher energy prices are “in balance” and that he favors holding interest rates steady.

NY Fed President John Williams warns Iran-driven oil spike could ripple through economy

Federal Reserve Bank of New York President John Williams warned that the effects of the Iran war on energy prices could spread across multiple sectors of the economy.FOX Business host Liz Claman noted during her interview with Williams Thursday on "The Claman Countdown" that gasoline is used in far more than transportation, including clothing manufacturing, asphalt and packaging."There's a pass-through of energy prices into a lot of things that …

Energy-price surge will work through economy slowly, Fed's Williams tells Fox Business

NY Fed Official Cautions Oil Price Surge Could Impact Inflation, Growth - The MortgagePoint

Federal Reserve Bank of New York President John Williams warned that the effects of the Iran war on energy prices could spread across multiple sectors of the economy, hitting consumer costs and slowing demand.

Financial News Network - NY Fed President John Williams warns Iran-driven oil spike could ripple through economy

Fed President John Williams warns that rising energy prices from the Iran War could spread across multiple sectors of the economy, affecting inflation.Read More …