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Fed’s Williams says inflation too high, targets 2 percent

Fed’s Williams says inflation too high, targets 2 percent

Feed excerpt — reported by The Hill

John Williams, the president of the Federal Reserve Bank of New York, said Friday inflation remains too high amid multiple price shocks. "Inflation is absolutely too ​high. It's been too high for too long," Williams said at a ​European Central Bank conference in Germany. He later added, "It's absolutely essential that we bring inflation back…

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