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Federal Reserve Williams said on Friday that uncertainty is currently high and will continue to persist in the foreseeable future. Williams said, "We are going through a time of great uncertainty and change." "There is no doubt that uncertainty will continue to be a defining feature of the monetary policy landscape in the foreseeable future," Williams said. "This is a direct result of structural changes in the global economic environment, such as artificial intelligence, deglobalization, and changes brought about by financial system innovation." Williams did not comment on the economic outlook or monetary policy. He also stated that the independence of the central bank can lead to better outcomes.