off-the-wire

Fed's Williams sees inflation cooling and interest rates falling further, Barron's reports

Kitco Media
By Reuters
Published:
Updated:
Reuters
Fed's Williams sees inflation cooling and interest rates falling further, Barron's reports teaser image

Nov 21 (Reuters) - Federal Reserve Bank of New York President John Williams sees inflation cooling and interest rates falling further, he told Barron's in an interview published on Thursday.

Two percent is the inflation rate that can best balance the central bank's employment and price stability goals, Williams told Barron's.

Reporting by Nilutpal Timsina in Bengaluru; Editing by Tom Hogue

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.