Fed’s Williams says inflation too high, targets 2 percent
GlobeAlert Desk · curated from The Hill · North America
John Williams, the president of the Federal Reserve Bank of New York, said Friday inflation remains too high amid multiple price shocks. “Inflation is absolutely too high. It’s been too high for too long,” Williams said at a European Central Bank conference in Germany. He later added, “It’s absolutely essential that we bring inflation back…
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