Fed's Williams: Current modestly-restrictive policy is 'entirely appropriate'

  • Comments from the NY Fed President
Williams
  • Current rate fits with 'solid' jobs market and above-target inflation
  • There is a lot of uncertainty in economy and policy right now
  • Expects growth to slow in part due to lower immigration
  • Economic data has been sending mixed signals
  • Data shows that the public believes near-term inflation will dissipate
  • Hard to know how economy is going to perform, many different paths possible

This doesn't say much that Powell didn't say.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access