Advertisement
Singapore markets closed

  • Straits Times Index

    3,415.51
    +47.61 (+1.41%)
     

  • S&P 500

    5,518.42
    +9.41 (+0.17%)
     

  • Dow

    39,285.06
    -46.79 (-0.12%)
     

  • Nasdaq

    18,079.59
    +50.83 (+0.28%)
     

  • Bitcoin USD

    60,239.00
    -1,644.54 (-2.66%)
     

  • CMC Crypto 200

    1,298.79
    -36.13 (-2.71%)
     

  • FTSE 100

    8,170.67
    +49.47 (+0.61%)
     

  • Gold

    2,372.10
    +38.70 (+1.66%)
     

  • Crude Oil

    83.34
    +0.53 (+0.64%)
     

  • 10-Yr Bond

    4.3570
    -0.0790 (-1.78%)
     

  • Nikkei

    40,580.76
    +506.07 (+1.26%)
     

  • Hang Seng

    17,978.57
    +209.43 (+1.18%)
     

  • FTSE Bursa Malaysia

    1,615.32
    +17.36 (+1.09%)
     

  • Jakarta Composite Index

    7,196.75
    +71.61 (+1.01%)
     

  • PSE Index

    6,450.03
    +91.07 (+1.43%)
     

Fed's Williams: Remains confident Fed getting inflation back to 2%

Michael S. Derby
New York Federal Reserve Bank President John Williams speaks in New York

By Michael S. Derby

(Reuters) - Federal Reserve Bank of New York President John Williams said he continues to believe price pressures are moderating back to the levels targeted by the central bank, in comments made on Sunday.

"I'm confident that we at the Fed are on a path to achieving our 2% inflation goal on a sustained basis," Williams said, in a video for a Bank for International Settlements conference made public on Monday. The official did not comment on the monetary policy outlook.

(Reporting by Michael S. Derby)