Fed's Williams: War shock is about prices, but also unavailable commodities

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John Williams, President of the Federal Reserve (Fed) of New York, spoke in Midtown Manhattan on Thursday and said the Fed’s current interest-rate setting is well calibrated for an economy facing additional risks from the conflict in the Middle East.

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AI Executive Brief

/ John Williams, President of the Federal Reserve of New York, believes current interest rates are appropriate despite risks from Middle East conflict.
/ The conflict's impact is not just about price changes but also the availability of commodities.
/ The Fed is considering the broader economic implications of the conflict.

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Fed's Williams: War shock is about prices, but also unavailable commodities

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