Fed's Williams: Inflation 'Far Too High,' Policymakers Debating Scenarios
New York Fed President John Williams stated that inflation remains 'far too high' and noted that policymakers are actively debating different inflation scenarios influenced by energy prices.
Federal Reserve Bank of New York President John Williams spoke at the Future of Market Liquidity and Functioning Workshop in New York on Thursday.
Williams commented that inflation is still "far too high" and emphasized that central bankers are engaged in active discussions about various inflation scenarios, with energy prices being a key factor in those deliberations.
The remarks reinforce a cautious tone from the Fed as it continues to assess the path of price pressures.
Source: FXStreet Forex News