Tag: williams
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Fed’s Williams: Incoming data points to need for higher interest rates
[ad_1] U.S. economic data in recent weeks points to the need for higher interest rates, said New York Federal Reserve President John Williams on Wednesday. “I think we have more work to do,” Williams said, during a moderated discussion at the annual meeting of the Central Bank Research Association. “I think the incoming data support…
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Fed’s Williams says inflation is slowing and labor market is cooling
[ad_1] The latest economic data seems to be breaking the Federal Reserve’s way, with cooling of both inflation and the labor market, according to New York Fed President John Williams on Wednesday. In an evening speech to a group of bond-market experts known as the Money Marketeers of New York University, Williams said the most…