Economic TimesLean R·
NY Fed's John Williams: "Unquestionably too-high" inflation may soon subside
John Williams, the president of the New York Fed, asserts that inflation is likely at its peak and should soon begin to taper off. He projects that by the end of the year, overall inflation will settle at 3.25%. Furthermore, he expects the unemployment rate to drop to 4% by 2028, attributing this optimism to recent declines in energy prices. The Federal Reserve's latest meeting saw maintained policy rates.
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