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New York Fed President John Williams stated that headline inflation is expected to be elevated by the conflict in Iran, projecting a rate of approximately 2.75% for the year, citing the impact of ener
Updated ·First reported ·1 source
Summary
New York Fed President John Williams states that current monetary policy is 'exactly where it needs to be' to allow the Federal Reserve to assess the economic fallout from conflict in Iran. Williams described the policy stance as 'really well positioned' for a period of observation during an interview on Bloomberg Surveillance.
Key Facts
- •New York Fed President John Williams says monetary policy is 'exactly where it needs to be' and 'really well positioned' to wait and see on economic consequences of war in Iran.[1]confirmed
- •Williams made the comments on 'Bloomberg Surveillance' with Michael McKee.[1]confirmed
[1] Bloomberg
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New York Fed President John Williams states that current monetary policy is 'exactly where it needs to be' to allow the Federal Reserve to assess the economic fallout from conflict in Iran. Williams described the policy stance as 'really well positioned' for a period of observation during an interview on Bloomberg Surveillance.
- • New York Fed President John Williams says monetary policy is 'exactly where it needs to be' and 'really well positioned' to wait and see on economic consequences of war in Iran.
- • Williams made the comments on 'Bloomberg Surveillance' with Michael McKee.