"Inflation is simply too high"! The Fed's "third-in-command": The Fed must continue to act and bring the price level back to 2% in a timely manner.

Zhitong Finance APP has learned that John Williams, the New York Fed President who is the "third-ranking official" of the Federal Reserve and holds a permanent vote, said that U.S. inflation remains high and policymakers must take further action to curb price pressures.