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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