Fed's Williams (voter) sees steady trend like growth for US economy and job market is showing stability, Fox Business interview

Inflation/Tariffs:

  • Retreat in energy prices is good news, and should ebb further and cool inflation.
  • Inflation is still quite high.
  • Likely near peak impact of tariffs.
  • Feels more positive about inflation near term due to energy prices.

Monetary Policy:

  • Monetary policy is well positioned to achieve Fed goals.
  • What happens with monetary policy depends on data and risks.
  • Monetary policy is in a good place.

Labour Market:

  • Risks are pretty balanced on the job market.

AI:

  • Expects to see continued strong investment in AI.

Forward Guidance:

  • Given uncertainty, providing explicit forward guidance is not appropriate.
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