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Fed Williams: Not my baseline to cut interest rates this year
New York Fed President John Williams maintained a hawkish stance on Fed’s monetary policy, asserting the necessity of persisting with rate hikes to control surging inflation. “We haven’t said we are done raising rates,” Williams stated yesterday, emphasizing that future decisions would be data-driven, aligning with Fed’s goals. He stressed, “We’ve made incredible progress” on […] The post Fed Williams: Not my baseline to cut interest rates this year appeared first on Action Forex...
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Posted: May 10 2023, 02:58
Author Name: actionforex
Views: 081732