Fed s Williams dismisses link between rapid rate hikes and bank stress fresnobee.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fresnobee.com Daily Mail and Mail on Sunday newspapers.
Federal Reserve Bank of New York President John Williams rejected the idea that the central bank’s aggressive interest-rate increases precipitated recent financial strains highlighted by recent banking failures. “I personally
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The US labor market is softening, but still remains tight and that should keep the door open for policymakers to raise rates again at the May 3rd policy meeting. The focus now shifts to whether disinflation trends can get back on track. The March inflation report is expected to show a slower monthly pace of 0.2%, down from 0.4%, while headline inflation reading is expected at 5.2% year on year, down from February’s 6.0%. The March Retail Sales report is also expected to show another soft month of spending.
US The US labor market is softening, but still remains tight and that should keep the door open for policymakers to raise rates again at the May 3rd policy m