Federal Reserve Bank of New York

US Economy

Fed’s Williams says inflation job not done despite progress

"We still have a way to go to reach our 2% target on a sustained basis": Williams.

Singapore’s Menon says currency targets need to be explored

(Aug 1): Singapore’s central bank chief, Ravi Menon, said policy makers should explore more radical ideas such as a global coordinated exchange-rate system to help limit currency volatility.
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