2h atrás
John Williams says 2025 Fed rate cuts leave policy well positioned for jobs and 2% inflation goal
John Williams, President and CEO of the Federal Reserve Bank of New York, said current U.S. interest rates are well aligned with achieving sustainable employment and returning inflation to 2%. He referenced the Federal Open Market Committee's 75-basis-point rate reduction in 2025 and predicted steady then gradually declining unemployment, with inflation easing from an early-year peak toward 2.5%. Williams also noted that Fed officials are divided over further cuts, with expectations centered on just a quarter-point move this year.