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Williams Reiterates Can Think About Cutting Later This Year

FED
  • Williams (voter) reiterates in Q&A that the Fed can think about cutting rates “later this year”.
  • A strong economy gives the Fed time to analyze data, with cuts to depend on confidence that inflation is headed to 2%.
He recently said on Thu (published Fri) that he sees rate cuts “likely later this year”, with consumer spending growth to slow this year partly on the recent spike in auto and credit card delinquencies.

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