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Fed’s Williams Says Inflation Continuing to Trend Down (1)

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Fed’s Williams Says Inflation Continuing to Trend Down (1)

Skip to content Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Support Americas +1 212 318 2000 EMEA +44 20 7330 7500 Asia Pacific +65 6212 1000 Company Communications Follow Products Industry Products Media Media Services Company Communications Follow Products Industry Products Media Media Services Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Support Americas +1 212 318 2000 EMEA +44 20 7330 7500 Asia Pacific +65 6212 1000 Sept. 2, 2026, 1:19 PM UTC Federal Reserve Bank of New York President John Williams said there’s evidence inflation continues to ease as the impact of tariffs fades while higher energy prices are not spreading to other services. “The data recently has been encouraging,” Williams said Wednesday in an interview with CNBC. “I am actually seeing the trend in inflation moving slowly down as some of the effects of the tariffs move into the rearview mirror.” The New York Fed chief supported the decision to hold interest rates steady at the last Federal Open Market Committee meeting in July.

John Williams, president and chief executive officer of the Federal Reserve Bank of New York,in Reykjavik, Iceland in May. Photographer: Betty Laura Zapata/Bloomberg “Coming out of the last FOMC ... Learn more about Bloomberg Tax or Log In to keep reading: See Breaking News in Context From research to software to news, find what you need to stay ahead.

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Source: news.bloombergtax.com

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