The Federal Reserve (FED) Williams: Considering the high level of uncertainty, the current policy is appropriate.

On March 21, The Federal Reserve's Williams stated, "There is some uncertainty regarding monetary policy, and given the solid labor market and inflation slightly above the 2% target, a moderately restrictive monetary policy stance is entirely appropriate." Williams did not specify his expectations for this year's Federal Reserve policy in his formal remarks. He noted that the U.S. economy has a solid foundation starting in early 2025 and mentioned that although the cooling of inflation is a bumpy process, the labor market is in a better balance and is not itself a driver of price pressures. He said, "There is a high level of uncertainty, and depending on fiscal and trade policy, geopolitical and other developments, many scenarios could play out, making it currently difficult to determine the probabilities of these scenarios." ( Jin10 )