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What path will the Federal Reserve take in December? Multiple decision-makers have expressed their views.
Will the Federal Open Market Committee of the usa continue to cut interest rates at its meeting later this month? What will the future policy path look like? At least three officials from the usa central bank expressed their views on Monday. ① New York Fed President williams stated: Further rate cuts may be needed to move towards a neutral stance. Given that the risks to inflation and employment have become more balanced, the decision-makers may need to lower rates further and adjust the policy rate towards a neutral stance; however, williams did not say whether he would support a rate cut at the Federal Reserve meeting this month. He noted that relevant decisions would be made at each meeting. ② Fed Governor Waller expressed a tendency to further...
New York Fed President Williams speaks: further interest rate cuts may be needed to move towards a neutral stance.
John williams, the president of the New York Federal Reserve Bank, stated that as the risks related to inflation and employment have become more balanced, the decision-makers may need to further lower the interest rates, adjusting the policy rate towards a neutral stance. However, williams did not specify whether he would support a rate cut during the Federal Reserve's meeting this month. He mentioned that related decisions will be made at each meeting. "I expect that over time, continuing to move towards a more neutral policy setting will be appropriate," williams said at an event hosted by the Queens Chamber of Commerce in New York on Monday, "The policy path will depend on the data. If there is one thing we've learned over the past five years, it's the outlook.
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