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FED'S WILLIAMS BACKS CURRENT POLICY STANCE John Williams said Fed policy remains well positioned to return inflation to 2%. He strongly supported the latest FOMC decision and said the Fed will act if inflation stalls. Williams expects Middle East-driven price pressures to fade, stressed the Fed need not follow market p
() -- Fed Chairman Kevin Warsh (voter) repeated that the FOMC will take ownership of inflation and take actions if needed to bring it back toward the 2% goal but did not provide forward guidance. Warsh again said that monetary policy caused inflation through its policy and that would not be the case under his leadershi
Fed's Williams: Expect unemployment rate to edge down gradually to 4% in 2028
Fed's Williams: Expect overall inflation to decline to around 3.25% by year-end, continue toward our 2% goal in 2027 and land on target in 2028.
Fed's Williams: Current stance of monetary policy is well positioned to do that
MUFG says the US dollar is on track to strengthen for the second consecutive week despite losing some upward momentum
Oil prices hold gains as traders weigh Hormuz flows after a ship attack in the Strait of Hormuz
Fed's Williams says policy stance is well positioned to restore inflation to 2%.
NY Fed President John Williams expects inflation readings to edge down in coming quarters due to various factors