Fed's Williams: Labor market is very strong

tweet at 8:52am: ECB'S DE GUINDOS: INFLATION IS STILL A CAUSE FOR CONCERN. tweet at 8:55am: ECB's Guindos: - Inflation Still A Reason For Concern - Wage-Price Spiral Must Be Avoided - ECB Must Bring Inflation Back To 2% - Markets May Be Too Optimistic About Inflation Trend tweet at 8:55am: ECB'S DE GUINDOS: MARKETS MAY BE TOO OPTIMISTIC REGARDING THE INFLATION TREND. tweet at 8:55am: ECB'S DE GUINDOS: AFTER MARCH, I WOULDN'T RULE OUT ADDITIONAL RATE INCREASES.

tweet at 9:52am: Fed's Cook: - Strongly Committed to Both Price Stability and Employment Mandates of the Fed - Data Are Telling a Pretty Clear Story of a Historically Strong Labor Market, with Still Elevated Inflation - Inflation is Still Running Too High Even Though It Has Moderated tweet at 9:54am: FED'S COOK: THE FED IS INTENT ON RESTORING PRICE STABILITY AND WILL REQUIRE RESTRICTIVE MONETARY POLICY FOR SOME TIME. tweet at 9:54am: FED'S COOK: WITHOUT STABLE PRICES, IT WILL BE HARD TO MAINTAIN MAXIMUM EMPLOYMENT. tweet at 10:00am: FED'S COOK: I BELIEVE INFLATION CAN BE CONTAINED WITHOUT A LARGE INCREASE IN UNEMPLOYMENT. tweet at 10:03am: Fed's Cook: - In Times of Uncertainty Important Not to Take Too Much Signal From Two or Three Data Points - Will Use Tools Forcefully To Avoid Entrenched Inflation - Appropriate Now to Move in Smaller Steps as Fed Assesses Cumulative Impact of Rate Increases So Far