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New York Fed's Williams: Future Rate Cuts Depend on Data

8/4/2025

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Story summary
  • New York Fed President John Williams addressed labor market and inflation in a Wall Street Journal interview.
  • He highlighted that future rate cuts will rely on forthcoming economic data.
  • As a permanent voter on the FOMC, he will participate in the meeting on September 16-17.
  • Williams expressed a willingness to consider adjustments to monetary policy based on evolving conditions.