Federal Reserve's Williams: "Moderate restrictions" on interest rates are appropriate

New York Federal Reserve President Williams stated that the current moderately restrictive monetary policy is appropriate and can flexibly respond to changes in the economic situation. He pointed out that the labor market is strong and inflation is slightly above the 2% target, and he expects the growth rate of the U.S. economy to slow down due to a decrease in immigration. The Federal Reserve kept interest rates unchanged and adjusted the limit on the reduction of government bonds, emphasizing that this move does not affect the monetary policy stance. Market concerns about a new round of tariffs from the Trump administration have intensified the uncertainty surrounding the economic outlook