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What John Williams says about US monetary policy?

On Thursday, John Williams, President of the New York Federal Reserve Bank, stated that the current monetary policy is restrictive and appropriately positioned.

He mentioned that there are no economic indicators indicating a need to alter the policy stance at this time.

Regarding the inflation outlook, Williams remarked that he doesn't anticipate gaining the higher level of confidence needed to observe significant progress towards the 2% inflation target in the very near future.

Dr. Kamaran Qader Yaqub,

Financial Consultant at Investment Spot company. 

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