Sub Banner Image

Fed’s Williams welcomes inflation data, not ready to seek rate cuts

Economy

Aditi Tiwari

·

May 16, 2024

·

Reuters

Federal Reserve Bank of New York President John Williams told Reuters he welcomed the arrival of softer consumer inflation data but said that positive news is not enough to call for the U.S. central bank to cut interest rates sometime soon.

The post Fed’s Williams welcomes inflation data, not ready to seek rate cuts appeared first on Reuters News Agency.

More from

Reuters

More

Economy

Articles

No items found.

Trending News

Enjoy premium content in your inbox.