Fed’s Williams Says Inflation Too High, but Expectations and Wages Show No Entrenchment Yet
New York Fed President John Williams warned on Friday that US inflation remains unacceptably high, but said there was little evidence so far that recent price shocks were becoming embedded in inflation expectations or wage growth. Speaking at a European Central Bank conference in Frankfurt, Williams acknowledged that the US economy had remained resilient and […] The post Fed’s Williams Says Inflation Too High, but Expectations and Wages Show No Entrenchment Yet appeared first on ActionForex.
This is a summary aggregated from Action Forex. Read the complete article on the original site:
Read full article at Action Forex
