New York Fed President: CPI data is distorted, and more data is needed to make a judgment on inflation
2025-12-19 13:37:10
New York Fed President William Williams said some of the latest data were encouraging and showed more signs of slowing inflation. He also pointed out that the consumer price index (CPI) data is somewhat distorted and may be slightly depressed, and more data is needed to make an accurate judgment on the inflation situation.
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