More Fed's Williams: Very supportive of US central bank's decision to cut interest rates
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New York Fed President Williams supports the recent interest rate cut by the U.S. central bank. He expects gradual cooling in job data and notes that strong markets will drive robust economic growth in 2026. Williams highlights that market valuations are elevated but justified, and the ample reserves system is functioning well. His overall policy stance is mildly dovish and balanced, emphasizing data dependency.
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