More from Fed’s Williams: Makes sense to slow rate rises right now, but is data dependent

Federal Reserve Bank of New York President John Williams. Earlier comments are here:

More now:

  • Inflation’s ultimate fate is up to the fed
  • Inflation
    expectations have been “remarkably well anchored”
  • Fed still has work
    ahead to balance demand and supply
  • Fully supported
    fed’s decision to hold steady on rates at June FOMC
  • Slowing down on rate
    rises makes sense right now
  • Is data dependent
    when it comes to future Fed actions

This article was written by Eamonn Sheridan at Source