Top Fed Official Boosts Odds of a December Rate Cut Top Fed Official Boosts Odds of a December Rate Cut John C Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs “in the near
Williams comments boost odds of a Fed cut, though policy . . . Comments from a top U S Federal Reserve official on Friday that interest rates can fall "in the near term" boosted the likelihood of a rate cut at the Fed's December 9-10 meeting, even as other
December rate cut odds jump above 50% as Feds Williams says . . . We are seeing US equities catching some nice bids after Fed's Williams said that they can still cut rates in the near term given the modestly restrictive policy The December rate cut odds jumped to roughly 60% after his dovish comments Fed's Williams is the President of the New York Fed and he is a permanent voter