More from NY Fed Pres. Williams:
- Fed likely to cut rates later this year
- Will watch data to drive decision over cutting rates
- Fed has time to take in data before cutting rates
- Pandemic aftermath still affecting economy, but optimistic about outlook
The pattern continues with Fed officials tilting modestly one way or the other, but not far from being more neutral and everyone is in no hurry to cut rates with most implying a summer move is most likely.
This article was written by Greg Michalowski at www.forexlive.com. Source