• New York Fed president Williams: Fed has ability to respond in case inflation gets too high a level - WSJ

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5 maio 2021

New York Fed president Williams: Fed has ability to respond in case inflation gets too high a level - WSJ

  • Says Fed's bond-buying is an important part of monetary policy
  • It is designed to help the economy recover from the pandemic impact
  • Does not see higher valuations in stocks, housing market as being a significant risk to financial stability right now
  • Expects inflation to rise above 2% this year but likely will be temporary
  • Not going to draw a line on how high inflation could rise to prompt policy change
  • Sees need for strong monetary policy support to ensure recovery

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