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Fed’s Williams says monetary policy is in a ‘good place,’ recession talk ‘has vanished’

Fed’s Williams says monetary policy is in a ‘good place,’ recession talk ‘has vanished’

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New York Fed President John Williams on Thursday sounded content with the current level of interest rates, but said he will be watching data closely to make sure the level of rates is high enough to keep inflation moving down.

“We’ve done a lot,” Williams said during a discussion at a conference sponsored by Bloomberg News.

“Right now, we’ve…

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