Fed's Williams: The work to control too high inflation is not done – by fx_ross Fed CentralBanks
and central bank action aimed at cooling price pressures will exact some unavoidable pain on the economy.Over the last year the Fed “has taken strong actions to bring inflation down,” Williams said in a speech prepared for delivery before a bankers’ group in New York.
''Williams said in his remarks that he believes core price pressures as measured by the core personal consumption expenditures price index could fall to 3% this year and to 2% over the next few years. '' If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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