Williams Says Fed Will Make Sure Inflation Comes Down

Federal Reserve Bank of New York President John Williams says policymakers will “make sure” inflation comes down.

• US economy shows “remarkable” resilience, with growth expected to be around 2% this year, Williams says Thursday at an event in Newburgh, New York
• “Businesses and consumers continue to spend and invest,” Williams says
• “The labor market is stabilizing”: Williams
• “Interest rates are not as low as they were before, but they are not especially high”
• “Big question mark” is the war in Iran, which is creating uncertainty
• Progress on inflation has been “interrupted” by tariffs and higher energy prices
• There’s data in ...