Senior officials at the Federal Reserve signal another interest rate cut! Williams says September meeting will make "real-time" decisions, risk balance has shifted.
The Chinese financial app learned that John Williams, President of the Federal Reserve Bank of New York, stated on Wednesday that the upcoming Federal Reserve policy meeting will be a "meeting full of variables," hinting at a possible adjustment in interest rate policy, but without specifying a concrete direction. He emphasized in an interview that the Fed always aims to achieve full employment and price stability, and at present, the "risk balance has shifted."
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