Fed’s Williams Says Inflation on Track to 2% But Will Take Time
Federal Reserve Bank of New York President John Williams said he anticipates inflation will continue to slow toward the central bank’s 2% goal, but warned policy-related uncertainty clouds the economic outlook.
Fed's Williams warns getting inflation back to 2% target will take time
There are a number of signs indicating that inflation will continue to move toward the Fed's 2% target, but it will "take time" before the central bank can achieve that goal on a sustained basis, said New York Fed President John Williams on Tuesday.
Fed's Hammack sees need to hold rates steady for some time
Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday the need to get inflation back to target will keep monetary policy on pause for now. “Given current economic conditions, it will likely be appropriate to hold the funds rate steady for some time,
Fed’s Hammack Says Rates on Hold Until Inflation Ebbs Further
Federal Reserve Bank of Cleveland President Beth Hammack said it’s appropriate to keep interest rates steady for “some time” while policymakers await further downward progress on inflation and analyze the economic effects of new government policies.
Cleveland Fed chief advocates for steady interest rates amid inflation concerns
Federal Reserve Bank of Cleveland President, Beth Hammack, has advocated for maintaining current interest rates for an undetermined period. This comes as policymakers continue to monitor inflation rates and assess the impact of new governmental policies on the economy.
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