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19:44
New York Fed President Williams (who holds a permanent FOMC voting right and is regarded as the third most powerful figure in the Fed): It is an indisputable fact that inflation is significantly above 2%.
Tariffs, energy, and artificial intelligence (AI) investments are driving inflation. The inflation rate is expected to be 3.5% by the end of 2026 and to reach the target by 2028.
19:44
Federal Reserve’s Williams expects inflationary pressures to ease
Federal Reserve's Williams expects inflationary pressures to ease.
19:44
Federal Reserve's Williams: 2% inflation target postponed to 2028
ChainCatcher news, according to Golden Ten Data, Federal Reserve's Williams stated that the timeline for achieving the 2% inflation target has been postponed from 2027 to 2028.
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