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Fed's Williams: No need to cut interest rates in the short term

Fed's Williams: No need to cut interest rates in the short term

2024/04/11 15:23

According to the Golden Ten report, Fed Williams recently said that the Fed has made great progress in balancing inflation and employment goals, but he added that there is no need to cut interest rates "in the short term." Williams said, "There is no obvious need to adjust policy in the short term. As we collect more data, we will be able to assess whether we are confident that inflation will return to 2%. Eventually, interest rates will be required to be cut, and restarting interest rate hikes is not a basic forecast." View."

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