Fed's Williams say's he'll have "very much an open mind" on September meeting rate cut
ICYMI, Williams was asked, in an interview:
To sum up then, if the data were to reveal itself over the next two months in a way consistent with what we’ve seen over the last few months, which I would characterize as some goods inflation filtering through, maybe not as much or as fast as people had thought, and the labor market that doesn’t appear to be getting any stronger, but again, hard to read because of changes in supply and demand. Would you be prepared to support resuming rate normalization as soon as your next meeting?And so I think that I go into this with very much an open mind.
While we don't have a comments section here at investingLive (I'm told one is on the way, so I'm hanging in there!) I thought I'd provide my own comment on this post while we wait.
its
really
Is it?
What Williams said is just regular central bank speak, "if data supports X then of course we would do X. " In this case, if the data supports the case for a rate cut, then a rate cut we would get! Like I said, not news. The implication for us is to watch the data that will come ahead of the September (16th and 17th) meeting. Bear this in mind:
Fed’s skating to where the puck is going—are you? Inflation says not time for cuts yetI posted earlier on the debate inside the Federal Reserve on the impact of tariffs on inflation. Its not what you think:
Morgan Stanley on US inflation, tariffs to hit initially in 3-5 months,further in 8 months This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about weekend fed williams very much an open mind on september rate cut i have comments 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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