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Top Fed Official Signals Support for May Interest-Rate Increase
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A top Federal Reserve official said the central bank had more work ahead to bring down inflation, suggesting another interest-rate increase would be warranted at the Fed’s meeting in two weeks.
“Inflation is still too high, and we will use our monetary policy tools to restore price stability,” said New York Fed President John Williams in a speech Wednesday night to a group of financial-industry professionals in Manhattan.
Read more on wsj.comAbout this in other media
Top Fed Official Signals Support for May Interest-Rate Increase wsj.com /1 year ago
Top Fed Official Signals Support for May Interest-Rate Increase wsj.com /1 year ago
Top Fed Official Signals Support for May Interest-Rate Increase wsj.com /1 year ago
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