The Fed: Fed’s Williams Makes Case For Not Delaying Rate Hike

In a sign that the core of the Fed is turning hawkish, San Francisco Fed President John Williams in a speech in Australia Tuesday made the case for the central banking moving sooner rather than later to hike rates.

BING NEWS:
  • Fed's Williams says 2% inflation target 'critical'
    New York Federal Reserve Bank President John Williams on Friday said he believes the U.S. central bank's 2% target for inflation is "critical" to its efforts to achieve price stability.
    05/3/2024 - 10:01 pm | View Link
  • Fed holds off on rate cuts after ‘lack of further progress’ on inflation
    The Federal Reserve voted to keep interest rates at a 23-year high as inflation has edged up and the labor market remains strong, likely pushing potential rate cuts even later into the year.
    05/1/2024 - 7:00 am | View Link
  • Fed rate cut lowers interest rates to near zero—but how much are you really saving on your credit card debt?
    This rate cut comes less than two weeks after the Fed cut interest rates by half a point and marks continued effort to minimize the economic impact of the coronavirus (COVID-19). "The effects of ...
    05/1/2024 - 4:44 am | View Link
  • More Fed officials ready to say goodbye to low-rate world
    A growing number of Federal Reserve officials don't see a return to the ultra-low interest rates that prevailed before the COVID-19 pandemic due to everything from ballooning federal deficits to ...
    04/30/2024 - 11:03 pm | View Link
  • Affluent Americans are driving US economy, likely delaying need for Fed rate cuts
    Affluent older Americans, if they own government bonds, may even be benefiting from the Fed’s rate hikes. Those hikes have led to higher bond yields, generating more income for those who own ...
    04/28/2024 - 8:26 pm | View Link
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