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Fed's Williams does not rule out possibility of rates cuts next year

Inflation is coming down as hopedExpects unemployment to rise slightly as the economy cools, personally sees unemployment rate rising above 4% next yearDoes not rule out possibility of lowering rates in early 2024It all depends on the economic dataWell, that's one of the first angles by the Fed in agreeing to the current market pricing as seen here. They have been adamant that rates are to hold higher for longer and keep in more restrictive territory, so this is a bit of an early take. But if th... Read More

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Posted: Aug 7 2023, 09:20

Author Name: forexlive

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