Fed's Williams: Current monetary policy stance helps bring inflation back to 2%

Golden Finance reported that on June 26, Federal Reserve Williams stated that the current monetary policy stance is in a favorable position to restore inflation to the Fed's 2% target level, while also acknowledging that achieving its dual mandate still faces risks. Williams said: "Given that inflation is at a high level, we must persistently bring it back to the long-term target of 2%. The current monetary policy stance is fully capable of achieving this goal." Williams pointed out that inflation is "undoubtedly high" and far above the committee's 2% target. He expects inflation data to ease slightly in the coming quarters, although significant risks remain.
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