Fed Williams: Given the high level of uncertainty, the current policy is appropriate

律动BlockBeats
律动BlockBeats|Mar 21, 2025 13:47
BlockBeats News, on March 21st, Federal Reserve's Williams stated that "there is a certain degree of uncertainty in monetary policy, and given a stable labor market and inflation slightly above the 2% target, the current moderately restrictive monetary policy stance is completely appropriate." Williams did not state his expectations for this year's Federal Reserve policy in his formal speech. He pointed out that the US economy has a good foundation since the beginning of 2025, and stated that although the cooling of inflation is a bumpy process, the job market is in a better balanced state and is not a driving factor for price pressure itself. He said, "The uncertainty is high, and based on fiscal and trade policies, geopolitics, and other developments, many situations may arise, and it is currently difficult to determine the probability of these situations
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