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Williams: Inflation and employment risks are balancing out, leaning toward keeping interest rates unchanged
ME News Report, April 3rd (UTC+8), New York Federal Reserve President Williams stated that the inflation and employment risks brought by rising energy prices have become “balanced,” and he favors maintaining interest rates unchanged. Williams believes that monetary policy is well prepared to balance these risks and indicated that losses in the private credit sector will not pose systemic risks, with policymakers “closely monitoring” banks’ risk exposures. (Source: ChainCatcher)