- Analytics
- News and Tools
- Market News
- Fed's Williams: Fed has a ways to go on rates
Fed's Williams: Fed has a ways to go on rates
The New York Fed’s John Williams who recently said that he predicts a time, “probably 2024”, when the Fed will lower the federal funds rate, has today said on Fox News that the Fed has a ways to go on rate hikes.
Key comments
Inflation still far too high.
Will take a couple of years for inflation to ease to target.
High inflation not yet embedded in economy.
Fed job is to balance demand with supply.
Seeing signs of welcome ebbing in inflation, but unsure if its peaked.
Doesn't believe there is a wage price spiral happening.
Demand still far exceeding available supply in us economy.
Tighter monetary policy needed to restore economic balance.
Fiscal stance not a big factor right now in driving inflation.
Fed has a ways to go with rate rises.
Fed rate rise resting place depends on economy.
More to come ...
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
