Fed’s Williams: Expects inflation to decline to around 3.25% this year – by MSalordFX Fed CentralBanks
is uncertain and that their decision will be driven by the data. He expects real GDP to grow modestly in 2023 and to pick up next year. “One aspect of inflation that’s important for achieving and sustaining price stability is the anchoring of inflation expectations. Various measures of longer-run inflation expectations have remained well anchored at levels consistent with our 2 percent goal.”
I expect inflation to decline to around 3-1/4 percent this year, before moving closer to our longer-run goal in the next two years. Slower growth and tighter monetary policy will likely lead to some softening in the labor market. So,“The economic outlook is uncertain, and our Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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