Fed's Williams: At this moment, not appropriate to provide specific forward guidance

More comments from the NY Fed chief At this moment, it is not appropriate for the Fed to provide specific forward guidanceMonetary policy is currently situated in the correct positionInflation figures will stay "significantly higher" than 3% during the coming monthsThe economic consequences will grow more severe the longer the conflict continuesMarkets are currently weighing a robust U.S.… At this moment, it is not appropriate for the Fed to provide specific forward guidance . Monetary policy is currently situated in the correct position . At this moment, it is not appropriate for the Fed to provide specific forward guidance Monetary policy is currently situated in the correct position Inflation figures will stay 'significantly higher' than 3% during the coming months The economic consequences will grow more severe the longer the conflict continues Markets are currently weighing a robust U.S. outlook against the uncertainties of war Lowered U.S. vulnerability to oil shocks is contributing to… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.