Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should ...
Risk premiums (or credit spreads, as they are often called) are market determined. Any widening or narrowing of risk premiums is not something monetary policy can influence. But monetary policy can, ...
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Monetary policy is well-positioned, New York Fed's Williams saysThe Federal Reserve's monetary is well-positioned to achieve the central banks' maximum employment and price stability ...
The Federal Reserve doesn’t need to adopt a “Monetary Policy Rule ... nor could the Fed ever plan what is production determined in the first place. Dollars are where production is, where ...
This was especially evident during recent monetary policy tightening, with contributions to core inflation from demand declining 2 percentage points since the summer of 2022—the largest decline for ...
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