Tag: Cuts
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Fed’s John Williams says the central bank isn't 'really talking about rate cuts right now'
New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment for the central bank. “We aren’t really talking about rate cuts right now,” he said on CNBC’s “Squawk Box.” “We’re very focused on the question in front of us, which as chair Powell said… is,…
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The Fed Can’t Put Off Preparing for Rate Cuts
As the economy slows down toward its speed limit, it might be time to start thinking about easing up on the brake. That doesn’t mean the driver has to inform the passengers. Friday’s employment report showed that the economy added a seasonally adjusted 199,000 jobs last month, a move up driven in part by the…