Published Date May 30, 2024

“We want to be able to move before inflation is all the way to 2%,” Williams said in response to a question after a speech at the Economic Club of New York. Asked when price pressures will likely fall to the Fed’s objective, he said, “my forecast would be in 20 — probably early 2026.”

READ MORE: NY Fed President Williams forecasts hitting 2% inflation goal in 2026

By Caroline Gaudette

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