New York Fed President John Williams expressed his views on the economy and monetary policy. Williams believes the markets are factoring in slower inflation progress but sees continued solid economic growth. He stated that rate cuts may start this year and that the Fed's current policy is restrictive. Williams emphasized that he does not feel an urgency to cut rates but acknowledged that lower interest rates may be necessary in the future. He also mentioned that if economic data warrants, the Fed would consider rate hikes.
Fed’s Williams says he doesn’t feel ‘urgency’ to cut rates https://t.co/hAfe7I1fkg
New York Fed President John Williams said that there’s no rush to lower interest rates and economic data will determine the timing. https://t.co/mG0otQFRxT
Fed's Williams Says Rate Hikes Are Not His Baseline Forecast - If Data Called For Higher Rates, Fed Would Raise Rates
* WILLIAMS: RATE HIKE NOT BASELINE, BUT POSSIBLE IF DATA WARRANTS @JohnSpall247 #FOMC
Fed’s Williams says he doesn’t feel ‘urgency’ to cut rates @grobb2000 https://t.co/4Cdli9dMNP
N.Y. Fed’s Williams doesn’t feel ‘urgency’ to reduce U.S. interest rates https://t.co/NaLjq0Ok35
FED'S WILLIAMS: NOT WORRIED ABOUT THE FED AS AN INSTITUTION
Fed's Williams: I don't feel urgency to cut rates. https://t.co/VPLh6pVDKb
FED'S WILLIAMS: LOW INFLATION IS THE BEDROCK OF PROSPERITY
*FED'S WILLIAMS SAYS RASING INTEREST RATES 'IS NOT MY BASELINE'
FED'S WILLIAMS: IF DATA CALLED FOR HIGHER RATES, THE FED WOULD HIKE.
FED'S WILLIAMS: IF DATA CALLED FOR HIGHER RATES, FED WOULD HIKE
FED'S WILLIAMS: FED RATE HIKES ARE NOT MY BASELINE FORECAST.
FED'S WILLIAMS: FED RATE HIKES ARE NOT MY BASELINE FORECAST
Fed's Williams: Don't Feel Urgency To Cut Rates - Eventually Interest Rates Will Need To Be Lower - Rate Cuts Will Be Determined By Economic Activity
FED'S WILLIAMS: EVENTUALLY, INTEREST RATES WILL NEED TO BE LOWER.
FED'S WILLIAMS: EVENTUALLY INTEREST RATES WILL NEED TO BE LOWER
FED'S WILLIAMS: I DON'T FEEL URGENCY TO CUT RATES
🔴 FED'S WILLIAMS: I DON'T FEEL URGENCY TO CUT RATES.
FED'S WILLIAMS: I'M GETTING MORE OPTIMISTIC ABOUT POTENTIAL GROWTH.
FED'S WILLIAMS: I DO THINK WE HAVE A RESTRICTIVE MONETARY POLICY.
FED'S WILLIAMS: MY OWN VIEW IS THAT RATE CUTS WILL LIKELY START THIS YEAR.
FED'S WILLIAMS: MONETARY POLICY IS IN A GOOD PLACE.
FED'S WILLIAMS: MARKETS ARE TAKING SLOWER INFLATION PROGRESS INTO ACCOUNT.
🔴 FED'S WILLIAMS: I DON'T SEE THE RECENT INFLATION DATA AS A TURNING POINT.
❖ WILLIAMS: DON'T SEE RECENT INFLATION DATA AS A TURNING POINT ❖ WILLIAMS: THINK ECONOMY WILL CONTINUE TO GROW AT SOLID RATE
FED'S WILLIAMS: I THINK THE ECONOMY WILL CONTINUE TO GROW AT A SOLID RATE.