New York Fed President John Williams said he expects interest rates to continue higher and to remain at those levels until inflation is subdued.
Williams didn't comment on specifics, but he did note that he believes reducing inflation will require real interest rates to be positive. New York Federal Reserve President John Williams said Tuesday he expects interest rates to continue higher and to remain at those levels until inflation is subdued., Williams told the Wall Street Journal that he also is in the higher-for-longer camp when it comes to monetary policy.."This is not something we're going to do for a very short period and then change course.
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