Suddenly, one day after the Fed blackout, NY Fed President Williams says: Fed members "aren't really talking about rate cuts" right now. This was the first comment by a Fed member since the blackout ended and since the Fed meeting on Decmber 13th. The Fed messed up. In our view, it...
Bloomberg Television's economics editor Michael McKee spoke with San Francisco Federal Reserve President John Williams in Jackson Hole, WY today, who said that very accommodative policy is what's needed now.
San Francisco Federal Reserve President John Williams said hiking the benchmark interest rate in the summer of 2015 is a "reasonable guess" based on the current economic progress, noting a broad improvement the labor market. "When we actually start to raise rates will depend on how the economy...
FOX Business' Edward Lawrence on FOMC meeting regarding the impact of the coronavirus stimulus on economic recovery. New York FedPresident John Williams says that the outlook for the economy depends on the spread of the coronavirus and people's behavior containing the spread—the latest Fed official...
New York Federal Reserve President John Williams doubled down on the central bank’s decision to pause monetary policy for now, saying there would have to be substantial change in the U.S. economy for the Fed to step in. “Monetary policy is in a good place,” Williams said in an inter...
NEW YORK, June 6 (Xinhua) -- Low inflation has become a pressing problem in developed economies, creating challenges for central banks in combating any possible economic downturn, New York Federal Reserve (Fed) President John Williams said Thursday. ...
John Williams, New York's Federal Reserve President, stressed the urgency of resolving the U.S.'s number one issue of inflation, which he predicted could take "a couple of years." Williams said that inflation could remain elevated until 2025, though he anticipates a "pretty significant...
Spencer Stuart has assisted with the hiring of half of the current Fed presidents, including that of New York Fed’s John Williams in 2018, as well as the system’s first black regional Fed president, Atlanta Fed’s Raphael Bostic, in 2017, as well as its only other non-white president...
New York Federal Reserve President John Williams said in a speech in New York City Wednesday that low inflation is indeed the "problem of this era" and promised to use monetary policy to "sustain" economic growth, while not specifying whether he would support a rate cut. ...
New York Fed President John Williams told CNN he accepts that the preliminary government data he has available at monetary policy meetings is likely to change by the time officials meet again. That’s why he takes into account as much outside data as possible, often from private sector data...