Fed's Williams says more agreement on FOMC than dissents imply

May 4, 2026 1:53 PM EDT

FILE PHOTO: John C. Williams, President and CEO of the Federal Reserve Bank of New York, speaks to the Economic Club of New York in New York City, U.S., September 4, 2025. REUTERS/Kylie Cooper/File Photo

NEW YORK, ‌May ​4 (Reuters) - ​Federal Reserve Bank of New ‌York President John Williams ⁠said Monday that there’s ‌more agreement on ‌the rate-setting Federal Open Market Committee than last ​week’s policy vote suggests.

Williams, speaking in ⁠New York, said it’s natural ​to see more disagreement between policymakers in ​times of uncertainty ‌and change. But he added that ⁠even with all of the opposing votes ⁠last week against the ​Fed retaining an easing bias, “I would say there was ‌far more agreement about where policy is ‌today” than ⁠that vote ‌indicates.

(Reporting by ​Michael S. Derby, Editing by Franklin ‌Paul)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Federal Open Market Committee