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Fed's Williams: I will be appropriate again to bring interest rates down over time - FT
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Fed's Williams: I will be appropriate again to bring interest rates down over time - FT
New
2024.10.08 14:15
2024.10.08 14:15
2024.10.08 14:15
In an interview with the Financial Times (FT) on Tuesday, New York Federal Reserve (Fed) President John Williams said "I personally expect that it will be appropriate again to bring interest rates down over time."
Williams said that he doesn't see the September move "as the rule of how we act in the future."
"Right now, I think monetary policy is well positioned for the outlook, and if you look at the SEP [Summary of Economic Predictions] projections that capture the totality of the views, it's a very good base case with an economy that's continuing to grow and inflation coming back to 2 percent," Williams told the FT.
Last updated
: 2024.10.08
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US Dollar extends correction with China reopening
The US Dollar (USD) eases for a second day in a row with investors welcoming China back to the markets. It is not a warm welcome, with the Chinese Hang Seng 300 Index down over 9% at its closing bell. A surge in risk-off is taking place, with
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2024.10.08 18:31Disclaimer:
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