Fed, Inflation

Fed’s Williams Expresses Confidence Inflation Will Slow More
Federal Reserve Bank of New York President John Williams voiced confidence that inflation would continue to recede after a report on consumer prices came in better than expected, without offering any hints on the timing of additional interest-rate cuts.
Fed's Williams Expects Disinflation to Continue
HARTFORD, Conn.--Wednesday morning's inflation report brought reassuring signs that price pressures cooled to end 2024. New York Fed President John Williams, a permanent voter on the central bank's policy committee, said he expects that trend to continue, albeit gradually, through 2025.
Fed Officials Say They're Confident Inflation Will Fall To 2% ... Eventually
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they're confident the inflation rate will someday fall to typical pre-pandemic levels.
Fed’s Williams Wants More Progress Toward Inflation Target
New York Fed President John Williams said he expects inflation to continue cooling toward the central bank’s 2% target this year, adding that he won’t be satisfied until the goal is reached.
Inflation Needs Work, but Fed’s Williams Is Focusing on Keeping Economy Balanced
The economy is in a very good place and has returned to balance, as have the risks to the two sides of our mandate,” Williams said.
Disinflation path will be bumpy and take time, NY Fed's Williams says
While monetary policy is set to keep the risks to the Federal Reserve's dual mandate in balance, the journey towards lower inflation "will take time, and the process may well be choppy," New York Fed President John Williams said Wednesday.
The Inflation Data Don't Move the Needle for a Fed on Hold
Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the largest month-over-month increase in the consumer-price index in nearly a year.
US central bank's reserves still abundant in early January, NY Fed says
The U.S. central bank faces no imminent pressure to stop the contraction of its holdings of Treasury bonds and ...
Williams says 'it will take more time' to hit Fed's 2% inflation goal, but more rate cuts not ruled out
Inflation in the U.S.is “moving toward our goal of 2%,” but recent progress has been “choppy” and “it will take more time” to achieve success, the president of the New York Federal Reserve said ...
Federal marshals arrest murder suspect in Conneaut
The United States Marshals' Northern Ohio Violent Fugitive Task Force arrested 18-year-old Quinton Gaines Jr. at the 500 block of Madison Street Wednesday, according to a release from the marshals.
Fed officials say latest inflation data helpful as they await Trump policies
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
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Rep. Williams announces more federal funding to connect Atlanta downtown neighborhoods
Georgia Rep. Nikema Williams announced Wednesday that she’d secured $2.8 million in federal funding to help projects aimed at reconnecting parts of Downtown Atlanta. The funds come from the U.S ...
Manhattan's Top Federal Prosecutor Williams Joins Law Firm Paul Weiss
Paul Weiss, a leading New York firm, has strong Democratic Party ties. Its chairman Brad Karp last summer launched a ...
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'Fed-Up' Harrisburg Mayor Demands Action On Governor Square Apartments Amid 1,900 Violations
Harrisburg Mayor Wanda R.D. Williams has filed a petition to appoint a receiver for the Governor Square Apartments, a ...