By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams said Wednesday that monetary policy is in the right place to allow central bankers to monitor the ...

Higher tariffs put in place by the Trump White House this year have started to increase inflation, and these effects are likely to increase in the coming months, New York Fed President John Williams ...

Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its July meeting.

Federal Reserve Bank of New York President John Williams said he expects tariffs to have a bigger impact on inflation in the ...

Warning signs percolating out of the private sector could undermine the case that the labor force’s resilience can continue ...

With core inflation still hovering around 2.75% and GDP growth projected to slow to about 1% this year, Williams said the Fed’s current policy stance of holding rates between 4.25% and 4.50% remains ...

Some officials want a July cut to protect the labor market, while others want to wait because they anticipate more inflation ...

Williams said that as a result he expects growth to slow considerably this year to around 1%, with the unemployment rate rising from its current 4.2% level to 4.5% by year’s end.

“We expect the Fed to maintain maximal optionality at its July meeting. Powell would prefer to see the July data before potentially guiding the markets for September at Jackson Hole,” Bank of America ...

Williams reiterated that an independent central bank delivers better results and noted that in his experience Fed officials and staff maintain a “laser like” focus on the central bank’s mission.

On the inflation front, Williams said he sees inflation coming in between 3% and 3.5% this year, before ebbing back to “about” 2.5% next year. Williams sees inflation at the 2% target in 2027.

The Fed Fed’s Williams says tariffs are pushing up inflation, and he expects even higher prices in coming months Ahead of July 29-30 policy meeting, New York Fed president defends central bank ...