Williams discussed the outlook for the labor market, inflation and interest rates during an interview with Wall Street ...

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 ...

Fed officials could also consider cutting them soon: Mr. Williams did not rule out the possibility of lowering rates in early 2024, depending on economic data.

The Fed will also be using a second tool to tighten credit when it starts to reduce the size of its nearly $9 trillion balance sheet. Williams said that could begin as soon as May.

Williams said he sees the Fed’s preferred inflation gauge moderating to around 2.25% this year and to be near 2% next year.

Fed’s Williams Says Inflation Fight Could Last Into 2024 The New York Fed president points to signs that price pressures are easing, but sees inflation remaining above 3% in a year By Nick ...

Federal Reserve Bank of New York President John Williams said Wednesday that inflation is still at problematic levels and the U.S. central bank will act to lower it, in comments that noted recent ...

Williams was the first Fed official to weigh in after the central bank on Wednesday raised its benchmark overnight interest rate by half a percentage point to the 4.25%-4.50% range, as expected.

The Fed Fed’s Williams says it is now appropriate to cut interest rates New York Fed president has confidence inflation is moving down to 2% By Greg Robb Published: Sept. 6, 2024, 8:45 a.m. ET ...