Speaking to reporters, Williams sidestepped questions about reports suggesting President Trump was considering firing Fed Chair Jerome Powell. “I can't comment” on what the president has said or how markets have responded, Williams said, adding that the Fed remains focused on its mission regardless of political commentary.
Fed officials and staff maintain a laser-like focus on our mission
Williams also addressed recent concerns about the dollar, saying its status as the world’s primary reserve currency remains intact despite recent fluctuations.
“There are a lot of fundamental factors that support the role of the dollar in global trade and in global financial markets, and that I see as unchanged now,” he said.---
Earlier from Williams:
NY Fed Williams says current moderstly restrictive monetary policy is appropriateMore from Fed's Williams - blames tariffs for high inflation running above targetFed's Williams says 0.75% is a reasonable estimate of R-star (neutral interest rate) This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about fed s williams defends central bank independence declines to address trump criticism was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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