Fed's Williams says inflation too high, targets 2 percent
- John Williams, the president of the Federal Reserve Bank of New York, said Friday inflation remains too high amid multiple price shocks.
- It's been too high for too long," Williams said at a European Central Bank conference in Germany.
- He later added, "It's absolutely essential that we bring inflation back...
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- John Williams, the president of the Federal Reserve Bank of New York, said Friday inflation remains too high amid multiple price shocks.
- It's been too high for too long," Williams said at a European Central Bank conference in Germany.
- He later added, "It's absolutely essential that we bring inflation back...
Sources: The Hill