Williams: Inflation and employment risks are tending to balance, leaning towards maintaining interest rates unchanged

According to Jinshi reports, New York Fed President Williams stated that the inflation and employment risks brought about by rising energy prices have become "balanced," and he tends to support keeping interest rates unchanged. Williams believes that monetary policy is well-prepared to balance these risks and stated that losses in the private credit sector will not pose systemic risks, with policymakers "closely monitoring" banks' risk exposures.