Market news
10.01.2024, 22:31

Fed Williams: markets remain highly reactive to new data

  • New York Fred President Williams gave economic outlook remarks at an event.
  • Fed Williams: Fed needs to think about balance sheet end game.
  • Fed Williams: Volatility has not affect the Fed funds rate.

New York Federal Reserve (Fed) President John Williams delivered overarching remarks about the Fed’s policy stance looking forward while attending an event in New York hosted by RM Friedland and Webster Bank.

As a member of the Federal Open Market Committee (FOMC) and Vice Chair of the Fed, NY Fed President Williams is a key policymaker within the US central bank.

Key highlights:

  • Financial markets remain highly reactive to new data.
  • Money market volatility has not affected the Fed funds rate.
  • Demand for reserves likely higher now relative to the past.
  • Fed needs to start considering the balance sheet end game in 2024.
  • Fed policy remains quite restrictive.
  • Fed is in a good place, time to think about what’s next for interest rates.
  • Eventually, the Fed will have to return to neutral policy levels.
  • Fed Williams: not caught up on every twist of the financial market shift.
  • Not surprised to see money market rate volatility.
     

© 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.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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
Feedback
Live Chat E-mail
Up
Choose your language / location