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Fed's Williams backtracks on his expectations for a rate cut next year

Fed’s Williams backtracks on his expectations for a rate cut next year

John Williams, CEO of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019. Carlo Allegri | Reuters New York Federal Reserve Chairman John Williams said on Tuesday that he expects interest rates to continue rising and remain at those levels until inflation subsides. Echoing recent comments from …

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July 2022 tremors:

July 2022 tremors:

A “Hire Now” sign is placed at a Home Depot store on August 5, 2022 in San Rafael, California. Justin Sullivan | Getty Images The Bureau of Labor Statistics reported Tuesday that there were nearly a million more jobs than expected in July, an inflationary sign that the U.S. labor market remains very tight. Total …

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The paper says that a rate hike by the Fed will not curb inflation if spending remains high

The paper says that a rate hike by the Fed will not curb inflation if spending remains high

John C. Williams, President and CEO of the Federal Reserve Bank of New York, Lyle Brainard, Vice Chairman of the Federal Reserve Board of Governors, and Jerome Powell, Chairman of the Federal Reserve, walk in Teton National Park as financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, …

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