Fed's Williams says tariff impact likely to grow over coming months

By Michael S. Derby

ALBANY, June 24 (Reuters) - Federal Reserve Bank of New York President John Williams said Tuesday that tariff impacts on the economy are far from done and he wants to see more data to gauge their impact on things like inflation.

It is clear tariffs are showing up in the economy and when it comes to their influence, “I expect them to be stronger in the next few months, not less,” Williams told reporters after a speech before an event held by NY CREATES Albany NanoTech Complex, in Albany, New York.