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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 to raise US interest rates further, according to Reuters. His comments suggest the central bank can hold its current policy stance as officials assess whether inflation continues to cool, a signal closely watched by markets for clues on the timing of any future move.
Why now: Investors and economists are watching Fed officials' remarks closely for hints about the path of US interest rates.
Evidence
- Fed's Williams sees no urgency for next Fed rate hike · Belleville News-Democrat
- Fed's Williams sees no urgency for next Fed rate hike · Reuters
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