Fed's Williams: Inflation Too High for Too Long
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The economic growth of the United States has remained resilient and the labor market is remarkably stable despite successive shocks, but inflation is very high and needs to be brought back to 2%, said New York Federal Reserve President John Williams on Friday. Inflation has shot all over the [...]
Fed's Williams Says Inflation Too High, but Expectations and Wages Show No Entrenchment Yet - ActionForex
New York Fed President John Williams warned on Friday that US inflation remains unacceptably high, but said there was little evidence so far that recent price shocks were becoming embedded in inflation expectations or wage growth. Speaking at a European Central Bank conference in Frankfurt, Williams acknowledged that the US economy had remained resilient and […]
John Williams warns that prices remain away from the 2% target, despite the strength of the US economy, and cools expectations of accelerated relaxation of interest rates.
The economic growth of the United States has been remarkably resilient before ...
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