Fed's Williams Predicts Easing Inflation and Soft Landing
TL;DR Summary
New York Fed President John Williams anticipates inflation will ease in the second half of the year, with the Fed maintaining its current interest rate range until inflation shows sustainable progress towards 2%. Williams expects inflation to end the year at 2.5% and the unemployment rate to be around 4%. He emphasized that the current monetary policy is restrictive enough to achieve the Fed's goals.
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