A post by @FirstSquawk on X.
Fed's Williams Says The Fed's Policy Framework Targets Inflation Instead Of Reversing Changes In Overall Prices
@FirstSquawk on X
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New York Fed President John Williams said the Fed’s policy framework targets inflation rather than reversing changes in overall prices. The remark signals that officials are focused on the ongoing inflation rate, not on restoring the prior price level. It matters because it shapes expectations for how the Fed judges progress toward its 2% goal. Investors will watch upcoming inflation data and Fed communications for confirmation of that framing.
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Federal Reserve, John Williams