Fed's Williams Predicts Inflation Easing and Soft Landing by 2025

TL;DR Summary
New York Federal Reserve President John Williams indicated that current monetary policy is restrictive and there is no rush to adjust interest rates. Decisions on rate cuts will be data-dependent, and achieving a 2% inflation rate is not necessary for the Fed to consider lowering rates. The Fed expects inflation to reach the 2% target by early 2026, with shelter inflation expected to decrease, easing overall inflationary pressures.
Topics:top-news#economic-forecast#economics#federal-reserve#inflation#interest-rates#monetary-policy
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