High Interest Rates Are Working, Fed's Williams Says
WEBFed officials have signaled interest rates likely need to stay. elevated for longer. as inflation cools more slowly than expected. US central bankers have left their benchmark rate in a target ...
High Interest Rates Are Working, Fed's Williams Says - Yahoo …
WEB5 days ago · High Interest Rates Are Working, Fed's Williams Says · Bloomberg. Jonnelle Marte. Thu, May 30, 2024, 3:43 PM 4 min read. (Bloomberg) -- Federal Reserve Bank of New York President John...
Key Takeaways from President Williams’s Speech on the …
WEB5 days ago · Julie Lasson. In remarks delivered at the Economic Club of New York, New York Fed President John C. Williams discussed how the Federal Reserve is working to achieve both maximum employment and price stability, the progress of getting supply and demand in better balance, and bringing inflation back down to the Federal Open Market Committee’s (FOMC’s) 2 percent longer-run goal.
Fed officials see inflation falling, signal no rush to cut rates
WEB5 days ago · The unemployment rate was 3.9% in April, only a few tenths of a percentage point above where it was when the Fed first began raising interest rates to fight inflation back in March 2022.
Fed’s Williams says interest rates need to stay high ‘for some …
WEBJan 10, 2024 · New York Federal Reserve President John Williams said U.S. interest rates will likely need to stay high “for some time” until senior central bank officials are confident the rate of...
Fed's Williams: Monetary Policy Well Positioned to Lower Inflation
WEB5 days ago · Williams, who also serves as vice-chairman of the rate-setting Federal Open Market Committee, weighed in as the Fed is swiftly approaching its next monetary policy meeting set for June 11-12.
Fed's Williams says interest rates 'at, or near peak.' But they …
WEBSep 29, 2023 · Williams predicted the rate of inflation would slow to 3.25% by the end of 2023, 2.5% in 2025, and then “close in” on 2% in 2025. To get there, Williams said, “I expect we will need to ...
A Fed Official Wonders: ‘Do We Need to Do Another Rate Increase?’
WEBAug 7, 2023 · The upshot is that interest rates are unlikely to rise much further than the current range of 5.25 to 5.5 percent. Fed officials could also consider cutting them soon: Mr. Williams did not...
Fed’s John Williams Says Interest Rates Will Stay Restrictive ‘For …
WEBOct 18, 2023 · Federal Reserve Bank of New York President John Williams said interest rates will have to stay at restrictive levels “for some time” to bring inflation back down to the US central bank’s 2%...
Fed’s John Williams says rates could be increased if inflation …
WEBMay 9, 2023 · Key Points. New York Fed President John Williams cautioned that “it will take time for the FOMC’s actions to restore balance to the economy and return inflation to our 2% target.” The current...
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