TechFlow, Dec 19 — According to Jinshi Data, Federal Reserve's Williams said on Friday that certain "technical factors" might have distorted the November consumer price index (CPI) data, making it lower than the actual level. Williams stated: "There were some specific practical factors related to their inability to collect data in October and the first half of November. Because of this, I believe data in certain categories were distorted, which may have pulled down CPI by about 0.1 percentage points." Williams also said the U.S. economy is currently in a "good state" and hinted he would "eventually see" interest rate cuts. However, he emphasized he is not in a hurry to adjust monetary policy.
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