The Fed: Fed’s Williams predicts the high rate of inflation this year will cool to 2% in 2022

The president of the New York Federal Reserve on Monday said he thinks the rate of inflation in the U.S. will decline to around 2% next year, though he acknowledged a “great deal of uncertainty” about his forecast.

The president of the New York Federal Reserve on Monday said he thinks the rate of inflation in the U.S. will decline to around 2% next year, though he acknowledged a “great deal of uncertainty” about his forecast.