Fed's Williams: Fed not in a hurry to make next rate decision

Source Fxstreet

Federal Reserve (Fed) Bank of New York John Williams noted during an appearance at the Biennial Macroeconometric Caribbean Conference, in Nassau, that the Fed's job of forecasting economic outcomes is becoming increasingly difficult, specifically under the weight of trade war threats from the Trump administration.

Key highlights

The Fed's current forecasted rate path looks reasonable.

Downside economic risks and upside inflation risks are both very high.

The key issue for monetary policy is managing risks and uncertainties.

The US central bank is not in a hurry to make the next monetary policy decision. It has become harder to forecast the outlook right now.

It is essential to keep inflation expectations contained.

The University of Michigan inflation expectations data is an outlier.

I take comfort in the stability of longer-term inflation expectations.

I can't say yet what the clear impact of tariffs will be on inflation.

The Fed has gotten more clarity on the Trump policy agenda.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Solana (SOL) Faces Continued Downside Risk—More Losses LikelySolana started a fresh decline from the $155 zone. SOL price is now consolidating near $145 and might extend losses below the $142 support.
Author  NewsBTC
May 06, Tue
Solana started a fresh decline from the $155 zone. SOL price is now consolidating near $145 and might extend losses below the $142 support.
placeholder
Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in MayEthereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
Author  Beincrypto
May 07, Wed
Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
placeholder
Ethereum Price Ready to Surge—$2,000 Level Could Be Within ReachEthereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
Author  NewsBTC
Yesterday 03: 39
Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
placeholder
Sui Price Forecast: SUI bulls aim for 15% gains as open interest and bullish bets increase among tradersSui (SUI) price extends recent gains, soaring10% higher at the time of writing on Thursday and approaching its key resistance level at $3.65.
Author  FXStreet
18 hours ago
Sui (SUI) price extends recent gains, soaring10% higher at the time of writing on Thursday and approaching its key resistance level at $3.65.
placeholder
Ethereum To ‘Witness Big Breakout’ In The Next Two Weeks If This Level HoldsAs price continues to trade sideways, Ethereum (ETH) has reclaimed a crucial level, which could kickstart a breakout toward the $2,100 resistance.
Author  NewsBTC
18 hours ago
As price continues to trade sideways, Ethereum (ETH) has reclaimed a crucial level, which could kickstart a breakout toward the $2,100 resistance.
goTop
quote