MarketPR
The inflation-peaked call now has a named, senior Fed voice behind it.
New York Fed President John Williams said the most recent price surge has run its course and that monetary policy is "well positioned," citing five reasons for that view.
Rate markets now have a specific attribution where before the thesis floated without one. Five reasons, one call Williams arrived with a numbered argument.
Five distinct factors, by his count, explain why he expects the latest price surge has run its course. The specifics of each were not reported.
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