New York Fed President "Inflation Still Too High"

John Williams, president of the Federal Reserve Bank of New York, expressed continued concern about the level of inflation.

On the 15th (local time), according to the economic breaking account Walter Bloomberg, Williams said, "Inflation remains at a level that is too high."

He did not mention specific figures or future policy direction, but it is interpreted that he emphasized that price pressures have not been fully resolved. This remark came amid ongoing debates within the Fed over the pace of the inflation slowdown and whether to make additional interest rate cuts.

Markets view Williams's remarks as suggesting that the Fed may carefully monitor inflation indicators for the time being and adjust the pace of monetary policy easing.