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Williams says Fed expects healthy economy, listening to markets
WILLIAMS SAYS FED EXPECTS HEALTHY ECONOMY, LISTENING TO MARKETS: SI
— *Walter Bloomberg (@DeItaone) December 21, 2018
Added at 10:08am
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FED'S WILLIAMS: MARKETS SIGNALING SOME RISKS TO OUTLOOK
— *Walter Bloomberg (@DeItaone) December 21, 2018
Added at 10:12am
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NY Fed President Williams says central bank is listening to market, but believes economy is strong
New York Federal Reserve President John Williams joined CNBC on Friday. Williams appeared on “Squawk on the Street ” with Steve Liesman after the Fed on Wednesday raised its benchmark interest rate for a fourth time this year and lowered its rate hike projection for 2019 from three to two. Stocks sank Wednesday and Thursday following the Fed’s decision, pushing the Dow Jones Industrial Average and S&P 500 further into correction territory. However, U.S stocks opened Friday’s session slightly higher. Earlier this month, Williams, a voting member and vice chairman of the policymaking Federal Open Market ... (full story)
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