The Federal Reserve (FED) Williams: Uncertainty will continue to be a defining feature of the monetary policy landscape.

Jin10 Data, May 9 - The Federal Reserve’s Williams stated on Friday that uncertainty is currently very high and will continue to persist for some time. Williams said, “We are going through a time full of uncertainty and change. There is no doubt that uncertainty will continue to be a defining feature of the monetary policy landscape in the foreseeable future,” adding that this is a direct result of structural changes in the global economic environment, such as those brought about by artificial intelligence, de-globalization, and innovations in the financial system. Williams did not comment on the economic outlook or monetary policy. He also stated that the Central Bank’s independence can lead to better outcomes.