Egg prices are WAY DOWN from the Biden inspired prices if just a few weeks ago. “Groceries” and Gasoline are down, also. Now, if the Fed would do the right thing and lower ...

Good morning, everyone. I’m so pleased to be here with you today. As it says on my CV, monetary policy under uncertainty has been my primary area of research. And after 30 years in central banking, I can unequivocally say: Uncertainty is the only certainty in monetary policy.1 Today I will discuss the economy and monetary policy in the context of a changing and uncertain landscape. I’ll talk about global inflationary trends, inflation expectations, and how the Federal Reserve is working to achieve its dual mandate of maximum employment and price stability. Before I go further, I must give the standard Fed disclaimer that the views I express today are mine alone and do not necessarily reflect those of the Federal Open Market Committee (FOMC) or others in the Federal Reserve System. post: FED’S WILLIAMS: CURRENT MODESTLY RESTRICTIVE MONETARY POLICY IS ‘ENTIRELY APPROPRIATE’ CURRENT RATE POLICY FITS WITH 'SOLID' JOB MARKET AND ABOVE-TARGET INFLATION THERE IS A LOT OF UNCERTAINTY IN ECONOMY AND POLICY RIGHT NOW EXPECTS GROWTH TO SLOW IN PART DUE TO LOWER…