Fed’s Williams Says Lowering Inflation Is Central Bank’s Main Mission
New York Federal Reserve Bank President John Williams said that reducing inflation is the main task of the US central bank right now and he does not think that introducing more restrictive monetary policy will necessarily cause Depression.
“The challenge for monetary policy today is clear: reduce inflation while maintaining a strong economy,” Mr. Williams said in remarks Tuesday in Germany. “I’m confident we have the right tools to achieve our goals.”
https://www.wsj.com/articles/fed-s-williams-says-lowering-inflation-is-central-banks-main-mission-11652183982?mod=pls_whats_news_us_business_f Fed’s Williams Says Lowering Inflation Is Central Bank’s Main Mission