Reported about 12 hours ago
Federal Reserve Bank of New York President John Williams suggested that the Fed may gradually lower short-term borrowing costs if the economy shows modest improvement in unemployment and inflation. He described the current monetary policy as 'modestly restrictive' and indicated that if economic progress continues as expected, interest rates could be moved toward a more neutral stance over time. However, no specific timeline was provided for when these rate cuts might begin, as the Fed navigates the balance between tariff pressures on inflation and job market health.
Source: YAHOO