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ICYMI – Fed’s Williams says confident the Fed on a path to sustainable 2% inflation goal

Comments from Federal Reserve Bank of New York President John Williams were published on Monday:

said he continues to believe price pressures are moderating”I’m confident that we at the Fed are on a path to achieving our 2% inflation goal on a sustained basis,”

Williams spoke in a video made on Sunday for a Bank for International Settlements conference. His comments were made public on Monday.

As head of the NY Fed Williams has a permanent vote on the Bank’s Federal Open Market Committee (FOMC). Indeed, he is vice-chair of the Committee (Powell is Chair of the Committee).

This article was written by Eamonn Sheridan at www.forexlive.com.

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