Economy and macroUpdated 3h ago
Williams says more rate hikes may be needed.
John Williams, president of the Federal Reserve Bank of New York, says US inflation remains too high and policymakers have more work to do to contain price pressures. He says further interest-rate increases are likely to be needed as the central bank tries to bring inflation down. So the work Williams is describing may still include another rate hike.
3 publishers3 reports
Coverage started 11h ago
Key Actors
- Federal Reserve Bank of New York
- Federal Reserve System
- John Williams