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10.0

NY Fed President Williams affirms current interest rate stance to reach 2% inflation target by 2028

New York Fed President John Williams stated that the current federal funds rate range of 3.50%-3.75% is appropriate to guide inflation toward the 2% target by 2028. The remarks signal a commitment to maintaining existing policy settings despite ongoing concerns regarding persistent inflation levels.

Valor Econômico2 days agoUSCredibility 45%View source

Score Breakdown

Mosaic Score10.0
Confidence0.9
Significance0.5
Source credibility0.5

Intelligence Tags

#fed#monetary policy#inflation#interest rates#us economy

Locations

New York

Entities

countryorganization
Source

Related signals

8 found