John Williams, the president of the New York Fed, asserts that inflation is likely at its peak and should soon begin to taper off. He projects that by the end of the year, overall inflation will settle at 3.25%. Furthermore, he expects the unemployment rate to drop to 4% by 2028, attributing this optimism to recent declines in energy prices. The Federal Reserve's latest meeting saw maintained policy rates.

Williams cited five reasons why he expects the latest price surge has run its course.

John Williams, the president of the New York Fed, asserts that inflation is likely at its peak and should soon begin to taper off. He projects that by the end of the year, overall…

Presidente da distrital de NY do BC americano não vê evidências de que o mercado de trabalho esteja adicionando pressões inflacionárias no momento

Fed's John Williams says energy inflation risks are easing and CPI is improving. Here's what the shifting macro outlook means for Bitcoin and crypto

Fed's Williams sees signs inflation has peaked after June CPI drop. Fed rate cut by July at 0.1% YES.