Fed's Williams indicates no near term reason to cut interest rates
ReutersJun 24, 2025 5:08 PM
June 24 (Reuters) - Federal Reserve Bank of New York President John Williams indicated on Tuesday he sees no imminent need to cut interest rates.
Monetary policy is currently “well positioned” for where the economy is in a time of uncertainty, Williams said before an event held by NY CREATES Albany NanoTech Complex, in Albany.
“Interest rates eventually need to get back to more normal levels” and “over the next few months” Fed officials will get data to help them make their next monetary policy choice, he said.
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