A post by @FirstSquawk on X.
FED'S WILLIAMS EMPHASIZED THE IMPORTANCE OF ACHIEVING A 2% INFLATION RATE PROMPTLY.
@FirstSquawk on X
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New York Fed President John Williams said it is important to reach the Federal Reserve's 2% inflation target promptly, according to remarks reported by First Squawk. The comment signals continued emphasis on returning inflation to target rather than tolerating a slower glide path. It matters because Williams' language can shape expectations for the policy rate path and the timing of any easing. Investors will watch upcoming inflation data and other Fed speakers for confirmation of how urgently officials want to hit 2%.
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Named in this story
Federal Reserve, John Williams