Feds Williams: Inflation has come down quite a bit

<p>Fed's Williams:</p><ul><li>Inflation is come down quite a bit.</li><li>Still has a ways to go getting inflation back to target.</li><li>Will "stick at it" to get inflation back to target</li><li>At some point it will make sense to lower rates</li><li>Fed needs restrictive monetary policy for a while to cool inflation</li><li>The path of monetary policy depends on the data</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.