Fed's Williams expects energy impact on inflation to fade
SPY•New York Fed President John Williams said energy prices are not expected to drive inflation as much in the future, and that inflation should come down if energy prices do not rise sharply again.
1. Energy and inflation
Williams said energy prices are not expected to be a future driver of inflation to the extent they have been this year. He said the inflationary impulse should fade if oil prices do not rise sharply again, adding that inflation should come down.
