New York Fed’s Williams Sees 2025 Inflation at 2.75%, Says Iran War Will Lift Prices
Minseung Kang
Summary
- John Williams, president of the Federal Reserve Bank of New York, said inflation will be about 2.75%% this year.
- Williams also said the impact of the Iran war will push up headline inflation.
- Markets are assessing whether tensions in the Middle East could affect energy prices, inflation, interest rates and liquidity conditions.
Forecast Trend Report by Period
A Federal Reserve official said US inflation will remain above target this year and that the war involving Iran will add to price pressures.
Walter Bloomberg reported on April 7 that John Williams, president of the Federal Reserve Bank of New York, sees inflation at about 2.75% this year.
He also said the impact of the Iran war will push up headline inflation.
Markets are assessing whether rising tensions in the Middle East could affect the inflation path by driving up energy prices. That could also have implications for interest rates and liquidity conditions.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
