Williams Sees Inflation Ease in Coming Months as Energy Prices Fall
Updated
Updated · Bloomberg · Jul 7
Williams Sees Inflation Ease in Coming Months as Energy Prices Fall
3 articles · Updated · Bloomberg · Jul 7
Summary
John Williams said Tuesday he is more positive on the near-term inflation outlook, expecting overall price pressures to ease over the next few months.
Falling energy prices are the main reason: the New York Fed president said those declines should pull down headline inflation.
Williams also reiterated that monetary policy is well positioned for now to achieve the Federal Reserve’s mandate, signaling no immediate need to shift course.