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Fed’s John Williams Says Half-Point Rate Rise Is Reasonable Option for May
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Federal Reserve Bank of New York President John Williams said a large interest-rate increase is a good prospect at the central bank’s early May meeting, as part of an effort to move short-term rates up aggressively to contend with high inflation.
A half-percentage-point increase at the May 3-4 rate-setting Federal Open Market Committee meeting is “a very reasonable option,” Mr. Williams said Thursday on Bloomberg Television.
Read more on wsj.comAbout this in other media
Fidelity Investments plans options for investing in bitcoin fnlondon.com /2 years ago
Bank of Canada’s Macklem Says Half-Point Rate Rise Will Be in Play in June Decision wsj.com /2 years ago
Powell says taming inflation 'absolutely essential,' and a 50 basis point hike possible for May cnbc.com /2 years ago
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