Bloomberg
US · 6 hrs ago
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Fed’s Williams Says Rates Will Need to Be Lower ‘At Some Point’
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Federal Reserve Bank of New York President John Williams stated that interest rates will eventually need to decrease if inflation stabilizes at the Fed's 2% target, which he anticipates will occur.
Fed’s Williams Says Rates Will Need to Be Lower ‘At Some Point’
Federal Reserve Bank of New York President John Williams said interest rates will need to come down “at some point” if inflation returns to the US central bank’s 2% target, as he expects.
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