Lates News

Williams of the Federal Reserve stated that he remains optimistic about the gradual easing of inflationary pressures. However, if the situation does not unfold as expected, the Federal Reserve will not hesitate to raise interest rates to ensure price pressures return to target levels. In an interview with Reuters last Friday, Williams mentioned that if energy prices and trade tariffs have peaked and the economy continues to show solid momentum, I believe that some of the major factors that have pushed up inflation over the past year and a half will no longer play as significant a role, and that some of the disinflationary forces we observed previously should reemerge. He added, I am very seriously focused on changes in core inflation data in the coming months, monitoring whether this aligns with the trend of inflation approaching 2% and continuing to decline, thus ensuring that we can achieve a long-term stable inflation target of 2% by 2028. He also stated, I personally predict that inflation will decline in the second half of this year and further drop next year. Williams reiterated that the current stance of monetary policy is in a favorable position to bring inflation back to target levels. However, he pointed out, If we are not on track to bring inflation down to 2%... then taking action to get us back on track to 2% inflation is entirely appropriate.