Federal Reserve Bank of Richmond President Thomas Barkin expressed the need to maintain the option of hiking interest rates in case inflation remains high. He is skeptical that inflation will decrease to 2% and wants to be prepared for a potential rate hike. Meanwhile, New York Fed President John Williams stated that the Fed's benchmark lending rate is at or near its peak level, and monetary policy is 'quite restrictive.' He emphasized the need to maintain a restrictive stance for quite some time, suggesting a possibility of future rate hikes if inflation persists.
The @NewYorkFed President Williams reiterated the Fed’s benchmark lending rate is at or near its peak level and said monetary policy is “quite restrictive.” "I expect it will be appropriate to maintain a restrictive stance for quite some time" https://t.co/tfCVVn1fHc
⚠️ FED'S WILLIAMS KEEPS ALIVE RATE HIKE CHANCE IF INFLATION DOESN'T RETREAT Federal Reserve Bank of New York President John Williams said on Thursday that the U.S. central bank is likely done with interest rate hikes, but he added that rates could rise again if inflation… https://t.co/Gan82HVmOn
Federal Reserve Bank of New York President John Williams reiterated the Fed’s benchmark lending rate is at or near its peak level and said monetary policy is “quite restrictive.” https://t.co/duBXRxUvtN
New York Fed President John Williams says the Fed's job is nearly not done: "We are at or near the peak level of the target range of the Fed funds rate." @Jenniferisms discusses: https://t.co/pHhXojkvM6
Federal Reserve Bank of New York President John Williams reiterated the Fed’s benchmark lending rate is at or near its peak level and said monetary policy is “quite restrictive.” https://t.co/dRM4F0wngB
New York Fed president John Williams says the Fed's job is nearly not done: "We are at or near the peak level of the target range of the Fed funds rate." @Jenniferisms discusses: https://t.co/45sdD8bYv4
Federal Reserve Bank of New York President John Williams reiterated the Fed’s benchmark lending rate is at or near its peak level and said monetary policy is “quite restrictive.” https://t.co/jKSPx74HEM
New York Fed President John Williams says monetary policy is “the most restrictive in 25 years” Nevertheless, “I expect it will be appropriate to maintain a restrictive stance for quite some time” https://t.co/xKcvHhCbho https://t.co/rlZTEl6Bvr
🔴 FED'S WILLIAMS: MONETARY POLICY IS QUITE RESTRICTIVE, THE MOST IN 25 YEARS.
FED'S WILLIAMS: FED IS AT OR NEAR PEAK FOR INTEREST RATE TARGET FED'S WILLIAMS: IF INFLATION PRESSURES PERSIST FED COULD HIKE AGAIN FED'S WILLIAMS: MONETARLY POLICY IS B QUITE RESTRICTIVE,B MOST IN 25 YEARS FED'S WILLIAMS: FUTURE FED DECISIONS WILL BE DRIVEN BY DATA FED'S…
Fed regional bank presidents offer diverging views Barkin: If inflation flares back up, you want to have the option of doing more on rates Bostic: Our research & input from business leaders tell me downward trajectory of inflation will continue https://t.co/I35Yze0Sk1
Federal Reserve Bank of Richmond President Thomas Barkin argued the central bank should keep the option to hike interest rates on the table in case inflation proves stubborn. https://t.co/2IlNhx9qBQ
⚠️ FED'S BARKIN WANTS RATE HIKE OPTION, NO TALK OF RATE CUTS Richmond Federal Reserve Bank President Thomas Barkin on Wednesday said he is "skeptical" that inflation is on its way down to 2%, and wants the option of another rate hike in case inflation gains steam. https://t.co/o3kfzxymi7
Federal Reserve Bank of Richmond President Thomas Barkin argued the central bank should keep the option to hike interest rates on the table in case inflation proves stubborn. https://t.co/KGRIXHk8lY