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Economy

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sprinkleeninow

(20,643 posts)
Tue Apr 11, 2023, 04:10 PM Apr 2023

Yahoo Finance-Fed's Williams: The Fed has its 'work cut out' bringing down inflation [View all]

New York Fed President John Williams said Tuesday the Federal Reserve has work to do bringing down inflation given a labor market that remains "quite strong."

"Inflation is still very high," Williams told Yahoo Finance Live in an exclusive interview on Tuesday. "Some of this core services inflation excluding housing that hasn't budged yet, so still ... got our work cut out for us to get inflation back to 2%."

https://finance.yahoo.com/news/feds-williams-the-fed-has-its-work-cut-out-bringing-down-inflation-183334437.html

Most likely I don't know what I'm talking about but, I say "bull nuggets".




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