US inflation fight to take time in 'highly uncertain' environment: Fed official

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U.S. inflation fight to take time in 'highly uncertain' environment: Fed official

The U.S. Federal Reserve is in a strong position to weather the "highly uncertain" economic outlook, but its inflation fight will take time to win, a senior US central bank official said Tuesday."As we enter 2025, the economy is in a good place," New York Fed President John Williams told a conferenc...

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US inflation fight to take time in 'highly uncertain' environment: Fed official

The US Federal Reserve is in a strong position to weather the "highly uncertain" economic outlook, but its inflation fight will take time to win, a senior US central bank official said Tuesday.

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New York Fed boss John Williams points to the risks associated with additional customs duties, reductions in taxes and public spending, deregulation, and massive deportations of undocumented people, without mentioning Donald Trump.