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Fed's Williams Says Current Monetary Policy 'Well Positioned' to Return Inflation to 2% Target on July 15

2026-07-15 15:44:23

According to Yonhap Infomax, on July 15, John Williams, president of the Federal Reserve Bank of New York, said the current monetary policy stance is 'well positioned' to bring inflation back to the Fed's 2% target. Williams noted that inflation is currently around 4%, significantly above the Fed's goal, and emphasized the importance of steadily reducing it. He projected inflation will decline to approximately 3.25% by year-end, then follow a gradual path toward the 2% target throughout 2027, reaching that level by 2028. Williams also forecast real GDP growth of 2% to 2.25% this year and beyond, with the unemployment rate gradually declining to 4% by 2028, while acknowledging risks from AI investment impacts and Middle East-related global supply chain disruptions.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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