Fed’s Williams: Inflationvhas fallen across categories
Federal Reserve (Fed) Bank of New York President John William, a permanent voting member of the Federal Open Market Committee (FOMC), said on Tuesday that inflation has fallen across all categories over the last year and a half.
Williams participated in a panel discussion at the Economic Club of New York, and add some interesting comments on monetary policy.
Key takeaways
Inflation has fallen across all categories over the last year and a half.
US potential growth is around 2%, maybe higher.
Unclear what rise of AI does for productivirty, but is a big deal for business.
Market reaction
Williams words had no impact on the markets, overshadowed by concerns about a potential increase in Middle East tensions.
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.