Federal Reserve's Williams hints at an upcoming rate cut, but not yet ready

JIN10
2024.07.17 09:35
portai
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Federal Reserve's Williams hinted at a possible rate cut in the coming months, but not at the Fed meeting in two weeks. He believes that the recent slowdown in inflation and cooling labor market are positive signs, but further data is needed to support this. His remarks suggest that the central bank may consider lowering rates in mid-September, provided that there are no major unexpected developments in the economy