Fed’s Williams: investment demand pressuring yields higher
Fed’s Williams said strong investment demand is pressuring yields up.
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Fed’s Williams said strong investment demand is pressuring yields up.
New York Fed’s Williams said the labor market is “stable and solid.” He added recent inflation data have been encouraging.
Federal Reserve’s Williams said the labor market is stable and solid.
() -- 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: Growth in the economy is solid and on trend, and the labor market is likewise solid and stable.
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.