Federal Reserve's Williams: tariffs will have a greater impact on inflation, restrictive policies are "completely appropriate"

According to the Wisdom Finance APP, New York Fed President Williams said he expects tariffs to have a greater impact on inflation in the coming months, so the Fed's current tightening policy is "completely appropriate." Williams said in a speech prepared for an event organized by the New York Business Economics Association on Wednesday, "Although the impact of tariffs is relatively limited based on current hard macroeconomic data, I expect this impact to increase in the coming months. Maintaining this moderately tight monetary policy stance is completely appropriate."