Created
: 2025.04.01
2025.04.01 05:15
Federal Reserve (Fed) Bank of New York President John Williams noted on Monday that while the US economy isn't presenting evidence of "stagflation", a difficult period marked by rising inflation coupled with slumping economic stability, trade policy uncertainty remains a key issue for policymakers.
The full impact of tariffs can play out over long horizon.
Tariffs will impact prices.
We need an open mind on how long tariff impacts will last.
Consumer goods should see quick pass-through from tariffs.
Intermediate goods could see a slow impact from tariffs.
There is definitely a risk to inflation being higher than Fed forecasts.
My forecast is that inflation will be relatively stable this year with upside risks.
My baseline view is inflation will be relatively stable.
Uncertainty is very high right now, there are more concerns about a slowing economy.
Growth and inflation risks are both very important.
I will not predict odds of recession, economy is currently very solid amid a good job market.
The economy right now is in a very good place.
I won't discount weak survey and anecdotal data.
Uncertainty appears to be impacting behavior.
The Fed will not allow high inflation to take root.
The economy does not have stagflation right now.
I expect the economy will continue to grow, but slower than last year.
Policy is really well positioned to navigate uncertainty.
The Fed has the ability to collect more information before changing policy.
I do not know exactly where monetary policy needs to be over rethe mainder of the years.
The Fed needs to keep longer run inflation expectations anchored.
Long-term inflation expectations are well-anchored today.
Fed balance sheet draw down slowdown was natural next step.
Created
: 2025.04.01
Last updated
: 2025.04.01
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy