Williams: Don't Have Personal View On 25Bps Vs 50Bps Cut Yet
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... MoreEvercore Comments on Fed Williams Statements as S&P 500 bounces of LOD, 'we do not see this as a definitive “no” for a 50'
September 6, 2024 11:00 AM EDTEvercore Comments on Fed Williams Statements as S&P 500 bounces of LOD, 'we do not see this as a definitive no for a 50'
The analyst comments "NY Fed president Williams remarks just concluded conveyed no sense of urgency to bring rates rapidly back to a more neutral setting and did not otherwise take any obvious steps to prepare for a 50bp rate cut in September. Williams emphasized he had not had time to review the August employment report in detail. But he said his initial read is that it is consistent with what we have been seeing with an economy... More
