MacroAug 3, 2026, 10:27 AM

Fed’s Williams Confident Inflation Will Return to 2% Target

New York Fed President John Williams expressed confidence that inflation is on track to reach the central bank's 2% target, in a Reuters interview released Monday.

New York Federal Reserve Bank President John Williams said in an interview with Reuters that he remains confident inflation will move back toward the Fed’s 2% goal. The interview took place on Friday and was published during European trading hours on Monday.

Williams’ remarks signal a steady outlook on price stability from the influential policymaker. No additional details on timing or policy implications were provided in the released excerpt.

Source: FXStreet Forex News

1hMacroTrump Says US Will Not Attack Iran TodayPresident Donald Trump said the US will not strike Iran today, according to Al Jazeera.
1hMacroLula Wins Brazil Presidential Runoff With 51% of VoteLuiz Inácio Lula da Silva secured an unprecedented fourth term with 51% of the runoff vote, halting a rightward shift in Latin America.
1hMacroTrump Says Canada Tariff Dispute Will Be Settled SoonPresident Trump said at a Michigan border rally that the Canada tariff dispute will be resolved soon, adding that Canada is willing to give the U.S. anything right now, but offered no specifics.
1hMacroHouthis Vow Continued Attacks on Riyadh’s King Khalid AirportYemen’s Houthis said they will keep targeting King Khalid Airport in Riyadh, shortly after Saudi Arabia reported a resumption of flights despite repeated strikes.
2hMacroGold Slips Below $4,000 as Oil Strength Fuels Fed Rate-Hike BetsGold traded near $3,995 in early Asian hours on Monday, pressured by higher energy prices and inflation worries before the Federal Reserve’s next policy decision.XAUUSD

Related