economic situation
May 16, 2024, 4:03 am 1 min
John Williams, President of the Federal Reserve Bank of New York told Reuters He invited the soft customer rising cost of living information yet stated the favorable news was inadequate to motivate the United States reserve bank to reduce rates of interest in the future.
Market Impact
The leader of the New York Fed, among the reserve bank’s leading authorities that likewise works as vice chair of the rate-setting Federal Open Market Committee, Interview because Inflation Data This programs It’s a welcome downturn, reviving Wall Street’s really hopes that the Fed may reduce rates of interest this year.
Article Tags
Topics of rate of interest: economic situation
Type: Reuters Best
Area: Economy and Policy
Types of payouts: rate
Types of tale: Exclusive/ Scoop
media kind: Basic lesson
Customer Impact: Important local tale
