Federal Reserve's Williams: Iran war will drive up overall inflation, and interest rates are currently at a fully appropriate level

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Odaily Planet Daily news report: New York Fed Chair William Williams said that the impact of the Iran war will push up overall inflation, and the inflation factors it triggers will be directly reflected in the overall inflation data. Given the energy factor, the inflation rate should be around 2.75%. The current focus is on overall inflation; core inflation has not changed much. Tariffs remain an important factor in inflation, and overall inflation is expected to slow later this year. Monetary policy is currently in a favorable position, and a wait-and-see stance can be taken. Interest rates are currently fully at an appropriate level and can be adjusted if necessary. The labor market situation is quite complex, showing characteristics of low hiring and low layoffs. (Jin10)

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