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Fed's Williams (voter) says the US economy has been remarkably resilient amid recent shocks, growth has strengthened. Inflation has been too high for too long. Energy price pressures are showing up in the expected areas.
ORIGINAL · NewsquawkFed's Williams (voter) says the US economy has been remarkably resilient amid recent shocks, growth has strengthened. Inflation has been too high for too long. Energy price pressures are showing up in the expected areas.Read originalHide original
AI price pressures are significant, but narrow. Inflation is well anchored. Wage upside is consistent with the target. It is an appropriate time to gather more information.
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Williams described resilient U.S. activity alongside persistently high inflation, differentiated price pressures, and a need to gather more information.
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AI price pressures are significant, but narrow. Inflation is well anchored. Wage upside is consistent with the target. It is an appropriate time to gather more information.
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