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The Federal Reserve (FED) Williams: Inflation has been gradually and slowly decreasing.
[The Federal Reserve Williams: Inflation has been slowly and gradually declining] The President of the New York Fed, Williams, stated that recent economic data is very good. The economy is close to full employment. The labor market is basically in a balanced state. Inflation has been slowly and gradually declining. The economic growth in the first quarter was unusual due to trade issues. The monetary policy is in a good position. The policy is slightly restrictive and in good shape. Some forward-looking indicators have sent worrying signals. Trade is an especially uncertain factor. ( Jin10 )