Feds Williams joins with other officials leaning toward rate cuts

Posted On Jul 16 2019 by

first_img Banking , Economy “If anything, relative to earlier in the year, the conditions, the arguments for adding policy accommodation have strengthened over time, and I think that’s the way I continue to view it,” Mr. Williams told reporters after delivering a speech at the University at Albany.Mr. Williams said last year was a good year for growth even as inflation continued to fall short of the Fed’s 2% target, and at the start of this year, his read on the economy was that “the risks seemed relatively balanced.”Unlock exclusive insights, analyses, and curated news on the economy on The Star Online’s Business section with Starbiz Premium.SubscribeLog In More Stories Tags / Keywords: Property13 Jul 2019Pioneering the wellness concept for offices in MalaysiaEconomy13 Jul 2019Much to benefit from Malaysia-China tiesOil & Gas11 Jul 2019OPEC action and trade truce may give oil the lift it needs Corporate News13 Jul 2019IJM contract termination likely due to deadline issueCorporate News13 Jul 2019Alliance Bank to undergo streamlining?Corporate News13 Jul 2019Yinson continues to draw interest NEW YORK: Federal Reserve Bank of New York President John Williams said the case for lowering short-term interest rates is getting stronger, opening the door to his support for easier monetary policy at the end of this month.last_img

Last Updated on: July 16th, 2019 at 9:37 pm, by

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