Fed's Williams says inflation too high, targets 2 percent
John Williams, the president of the Federal Reserve Bank of New York, said Friday inflation remains too high amid multiple price shocks. "Inflation is absolutely too high. It's been too high for too long," Williams said at a European Central Bank conference in Germany. He later added, "It's absolutely essential that we bring inflation back...
We haven't written up this one. The Hill has the full story — the link below goes straight to it.
