New York Fed President: 'Seeing signs of inflation slowing,' but it is 'still very high'

Yahoo Finance Video
1 年前

In an exclusive interview with Yahoo Finance's Jennifer Schonberger, New York Federal Reserve Bank President John Williams made it clear he is still focused on fighting inflation.

"We are seeing signs of inflation slowing, but inflation is still very high." He goes on to say, "some of this core services inflation, excluding housing, that hasn't budged yet" and that the Fed has its "work cut out for us to get inflation back to 2%."

Williams also says he is "very much watching for" any continued fallout from the collapse of Silicon Valley Bank and Signature Bank and that the banking system has "really stabilized."

Click here to see the full interview with the New York Fed's John Williams.


Key video moments:

00:09 "Inflation has started to come down"

00:24 Where the U.S. is seeing inflation come down

00:53 "Inflation is still very high"