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Thread: NY Fed clarifies Williams speech ...

  1. #1

    Default NY Fed clarifies Williams speech ...

    NY Fed clarifies Williams speech that market took as signal of a rate cut

    New York Federal Reserve President John Williams was drawing from academic research when he said central bankers need to “act quickly” as economic growth slows, a representative for the central bank says.

    The spokesperson says those comments were “not about potential policy actions.”

    https://www.cnbc.com/2019/07/18/fed-...-rate-cut.html


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  3. #2

    Default Re: NY Fed clarifies Williams speech ...

    Mr Williams must have gotten investors hopes up...

    S&P 500 turns negative after report indicates a 25 basis point cut at July Fed meeting
    https://www.marketwatch.com/story/sp...wsviewer_click

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  5. #3

    Default Re: NY Fed clarifies Williams speech ...

    Current Fed Funds Rate probabilities for July 31 Fed Meeting...

    0.50% cut - 77.5%

    0.25% - 22.5%

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