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Fed's Williams sees no urgency for next rate hike
Original: Fed’s Williams sees no urgency for next Fed rate hike
New York Federal Reserve President John Williams said there is no urgency for the US central bank to raise interest rates again, signaling that policymakers are comfortable holding rates steady for now. The comments from a influential Fed voice suggest officials want more evidence on inflation and the economy before tightening policy further, with markets watching closely for clues on the path of rates.
Why now: Investors and economists are closely watching Federal Reserve officials' remarks for hints about the timing of future interest rate moves.
Evidence
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