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Feds Williams: Fed is at or near peak for federal funds rate

Feds Williams: Fed is at or near peak for federal funds rate
NY Fed President Williams is a speaking and says:Monetary policy is having the desired effects on the economyFed is at or near peak for federal funds rate.Fed will need restrictive policy stance for some time to achieve goals.Sees inflation ebbing to 3.25% this year, heading to 2% in 2025. Future is uncertain, data will drive future policy choices.Will still take a while for full monetary policy tightening to affect economyUnemployment to rise just over 4% next year. GDP should moderate next yea... Read More
Posted: Sep 29 2023, 16:48
Author Name: forexlive
Views: 112583

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