Fed's Williams expects inflation to ease, says Fed will act if it doesn't

New York Fed President John Williams said he expects inflation to ease, but the Fed will act if it doesn't. This was reported by Qazaqyia.kz citing Reuters.

In an exclusive interview, Williams expressed optimism about the current inflation level. He said he expects inflation to gradually decline, but emphasized that the Fed is ready to take appropriate measures if necessary.

This statement is aimed at reducing market concerns about inflation. Williams reaffirmed the Fed's readiness to adjust monetary policy as needed.