April CPI Data Deemed 'Positive' by New York Fed President John Williams

Thursday, 16 May 2024, 10:40

New York Fed President John Williams remarked that the April inflation data showing a 'positive' trend marked a significant improvement following a series of disappointments. He expressed optimism about the overall price trend, indicating a favorable outlook for the economy.
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April CPI Data Deemed 'Positive' by New York Fed President John Williams

Highlights:

New York Fed President John Williams described the April inflation data as 'positive'.

  • Key Points:
  • Williams emphasized the improvement after recent disappointments.
  • He stated that the overall price trend appears promising.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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