Fed’s Williams Says More Work Needed to Get Policy to Right Place
New York Fed President John Williams said inflation remains too high and the central bank still has work to do on monetary policy.
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By Michael S. DerbyFederal Reserve Bank of New York President John Williams said on Thursday that more interest rate increases are likely as the US central bank seeks to lower high levels of inflation in an otherwise healthy economy.Williams did not say when he expects the Fed to raise rates again…
By Jessica CoacciNEW YORK--Federal Reserve Bank of New York President John Williams said the central bank still has work to do to get monetary policy to the right place, and inflation remains too high."I feel that the data is speaking very clearly to us," Williams said at an event in New York on Th…