The Bond Buyer
Federal Reserve Bank of New York President John Williams voiced concerns that inflation expectations may have slipped downward after years in which price rises have failed to reach the central bank’s 2% target.
“We have seen some worrying signs of a deterioration of measures of longer-run inflation expectations in recent years,” Williams said Friday in the text of a speech he’s scheduled to deliver in New York. “The risk of the inflation expectations anchor slipping toward shore calls for a reassessment of the dominant inflation targeting framework.”
One State Street Plaza
New York, NY 10004
Follow Us For Updates
All audience and traffic data based on company reports and estimates as of Q1 2016.© 2017 SourceMedia LLC. All rights reserved. SourceMedia is an Observer Capital company. Use, duplication, or sale of this service, or data contained herein, is strictly prohibited.