Fed’s Williams Says Central Bank Has ‘Work to Do’ to Get Inflation Back on Target

Fed's Williams says central bank has 'work to do' to get inflation back on target

Fed's John Williams signals more rate hikes as inflation remains persistent

New York Fed President John Williams signalled further US interest rate hikes as inflation remains stubbornly high. Markets expect a 25-basis-point increase in December, while stronger-than-expected inflation data and divisions among policymakers have added uncertainty to the Fed's policy outlook.

US Fed’s John Williams says inflation ‘far too high’

Federal Reserve Bank of New York President John Williams stated that US inflation remains high, requiring further policy action to reach the 2% goal while preserving maximum employment.

Fed's Williams: Inflation remains too elevated

Fed's Williams Signals More Rate Hikes as Inflation Stays Stubbornly High

Federal Reserve official John Williams has signalled further interest rate increases in view of persistent inflation, WELT reports. The head of the New York Fed district said on Thursday that the economy is strong and the labour market keeps gaining strength, but that inflation remains high.