Fed's Williams (voter) says uncertainty around inflation path is 'high'
Importance
Level 1
- Tariffs and Iran war will push up headline inflation.
- Expects the unemployment rate to edge down this year and next.
- Economy facing ‘unusual set of circumstances’.
- Expects higher headline inflation near term on war and tariffs.
- War could both push up inflation, and depress growth.
- Inflation expectations consistent with 2% inflation.
- Expects US GDP to be 2.5% this year amid help from various factors.
- Expects inflation to end this year at 2.75%, and back to 2% in 2027.
- Economy has been resilient among changes.
- No signs of second round inflation impact from tariffs.
- Low hiring rate might be boosting economic pessimism.
- Job market sending out mixed signals.
#UNITED STATES#USD#JAPAN#UNITED KINGDOM#IMPORTANT#FOREX#FIXED INCOME#US SESSION#FEDERAL RESERVE#CENTRAL BANK#INFLATION#DXY