Here's your summary from Fed's Williams Sees Ample Evidence Policy Is Restrictive (https://www.youtube.com/watch?v=LsSsBY7FX7s) on the Bloomberg Television channel:

**TLDR:** Fed's Williams believes recent inflation is a reversal of low readings, expects inflation to moderate, and sees evidence that monetary policy is restrictive.

1. Recent inflation readings are seen as a reversal of low readings from last year, not a break in the downward trend.

2. Williams expects inflation to moderate in the second half of the year but emphasizes the importance of achieving the 2% target.

3. Evidence suggests that monetary policy is restrictive and helping to achieve goals of maximum employment and price stability.

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