Abstract:Fed’s Williams: Must watch how economy responds as it presses toward neutral rate
The Federal Reserve will need to keep a careful eye on how the economy reacts as it raises interest rates, and scale the pace of its rate increases accordingly, New York Fed President John Williams said on Saturday.
Williams, citing events in 2019 when the economy slowed as the Fed approached a neutral rate, said “the experience from that is that we have to move to a more normal level but make sure we are assessing and evaluating...There is no question that is the direction we are moving. Exactly how quickly we do that depends on the circumstances.” Please download WikiFX for more forex news.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Top 5 things to watch in markets in the week ahead
The week ahead: 5 things to watch.
The week ahead: Traders on the backfoot ahead of a quiet week
This week, the Italy financial regulator CONSOB issued a warning against an unlicensed broker named Broker Capitals. When we clicked on Broker Capitals' website, its logo, trade name, and design seemed familiar to us.