U.S. inflation continued to cool in September, latest CPI data shows

Good morning. I’m so pleased to be here at Binghamton University, a true gem of the SUNY system. Meeting with students, educators, and business and community leaders is a valuable and enjoyable part of my job. The New York Fed represents the Federal Reserve System’s Second District, which includes New York State, northern New Jersey, western Connecticut, Puerto Rico, and the U.S. Virgin Islands. This is a diverse region made up of many smaller local economies. Therefore, it’s important for me and my colleagues at the New York Fed to collect data and learn about the challenges and opportunities facing all of the communities we serve. That said, monetary policy affects everyone, and the Federal Reserve is committed to using its tools to achieve its dual mandate of maximum employment and price stability. Today, I will talk about monetary policy and how the Fed is working to fulfill this dual mandate. I’ll also give you my outlook on the U.S. economy. Before I do, I will give the standard Fed disclaimer that the views I express today are mine alone and do not necessarily reflect those of the Federal Open Market Committee (FOMC) or others in the Federal Reserve System. Obsessing Over Data post: FED’S WILLIAMS: EXPECTS ECONOMY WILL ALLOW FED TO CUT RATES FURTHER post: FED’S WILLIAMS: PACE AND SIZE OF FUTURE CUTS TO BE DETERMINED BY ECONOMIC DATA post: FED’S WILLIAMS: I EXPECT INFLATION TO WANE TO 2.25% THIS YEAR, CLOSE TO 2% IN 2025. post: FED’S WILLIAMS: THE ECONOMY IS SOLID, LABOR MARKET IN A GOOD PLACE.

post: FED'S BARKIN: INFLATION IS HEADED IN THE RIGHT DIRECTION. post: FED'S BARKIN: I SEE RISK THAT LOWER RATES COULD BOOST HOUSING DEMAND.

post: FED’S BOSTIC KEEPS DOOR OPEN TO SKIPPING RATE CUT IN NOVEMBER - WSJ