New York Fed President John Williams says the Federal Reserve needs to gather more information before it makes future rate decisions, warning about ongoing inflation risks. In comments made at events tied to the European Central Bank, Williams points to the need to assess whether current price pressures will keep easing and whether risks are changing.
Across coverage, Williams stresses that inflation is still too high relative to the Fed’s 2% target and that policymakers should base decisions on the latest evidence rather than assume improvements. One outlet also adds a theme that rapid investment in AI-related infrastructure could contribute to additional price pressures, while another frames the issue around bringing inflation down now rather than waiting for productivity gains from future technology.
Bloomberg’s reporting focuses on the procedural point that collecting more data is timely to judge price risks and support a timely return to the target. Together, the articles present a consistent view from Williams that data gathering and careful assessment of inflation dynamics are central to the next policy steps.