Subscribe to Economics Daily for the latest news and analysis.Federal Reserve Bank of New York President John Williams said keeping inflation expectations anchored near policymakers’ target forms the “bedrock” of central banking.

At least one official at the Federal Reserve is still skeptical about the trajectory of inflation and the economy, despite developments this week that cheered investors.

Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as officials consider rate cuts

Williams said it was critical for the Fed to make sure any of those inflation rises do not prove enduring. "We need to make sure that any one-time changes in prices don't pass through into more ...

If you're waiting for the Federal Reserve to lower borrowing costs, don't hold your breath. Out of the multiple Federal Reserve officials who spoke Friday, none sounded in a big hurry to cut the central bank's benchmark interest rate.

John Williams, head of the Federal Reserve Bank of New York and a voting member of the Fed’s policymaking committee, said he expects inflation to rise to 3.5%-4% this year. Then, he expects ...

The potential economic impact of tariffs presents substantial challenges for the U.S. central bank's rate-setting Federal Open Market Committee. With monetary policy charged with keeping inflation low and the job market strong, policymakers may face difficult trade-offs in which part of the mandate most needs addressing.