Fed's Williams: Tariffs will boost inflation to between 3.5% to 4% this year ...Middle East

The economy started the year on a solid footingSees unemployment rising to 4.5% to 5% this yearExpects growth to slow to 1% this yearVery important to keep inflation expectations anchoredModestly restrictive mon pol is totally appropriateTariffs are a huge driver of uncertainty

It's nice to see him putting some numbers on it. The market still thinks rate cuts are coming and if you read what Eamonn wrote earlier then maybe we're listening to the wrong people about the Fed.

This article was written by Adam Button at www.forexlive.com.

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