One Fed official may have saved market from another rout. Why John Williams' remarks matter so much

With his position comes membership in the Fed's leadership troika, a group that also includes Chair Jerome Powell and Vice Chair Philip Jefferson.

Williams' comments boost odds of a Fed cut, though policy hawks remain adamant

Comments from a top U.S. Federal Reserve official on Friday that interest rates can fall "in the near term" boosted the likelihood of a rate cut at the Fed's December 9-10 meeting, even as other policymakers insisted borrowing costs should remain steady for now to ensure inflation declines in coming months.
Coingape

Breaking: December Rate Cut Odds Jump to 70% After Fed’s John Williams Signals Near-Term Easing

The odds of a December rate cut has rebounded to 70% from as low as 35% earlier this week after Fed's John Williams remarks today.
CoinDesk

Bitcoin Bounces Above $84K as Fed's Williams Puts December Rate Cut Back on Table

Market participants now see 70% chance for a rate cut at the next Fed meeting, sharply up from 39% just a day ago, helping bitcoin pare some of the overnight losses.

Fed’s Williams Sees Room for a Rate Cut in ‘Near Term’

Federal Reserve Bank of New York President John Williams said he sees room for the US central bank to cut interest rates again in the near term as the labor market softens.
The Edge Singapore

Fed’s Williams says he sees room for rate cut in ‘near term’

Federal Reserve Bank of New York president John Williams sees room to lower interest rates again in the near term as labour market softens, reviving investor expectations for a December rate cut.
Feedback