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Fed’s Williams: Still a way to go to reach 2% inflation target on a sustained basis

In prepared remarks to an event at the Reserve Bank of India (RBI) in Mumbai on Friday, New York Federal Reserve (Fed) Bank President John Williams said on Friday, “there is still a way to go to reach 2% inflation target on a sustained basis.” Additional takeaways We have seen significant progress in bringing inflation back toward Fed’s 2% target rate.

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