The US Fed’s John Williams noted that inflation within the US economy is approaching the Fed’s target, which is a big plus, as major central banks around the world are largely grappling with missed growth projections in 2018.
Williams expects to see continued pickup in the US job market, and is anticipating growth to maintain its current pace.
John Williams is the new head of the New York Federal Reserve, having just taken over the post today; the position is regarded as being the second-most important seat at the Fed, right behind Fed Chairman John Powell.
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