Fed's Williams: Fed still has a way to go, cites 4.6% median `23 dot – by fx_ross Fed CentralBanks
New York Fed President John C. Williams has been speaking on Monday at the 2022 U.S. Hispanic Chamber of Commerce National Conference.In earlier comments, Williams pointed to three layers of inflation, comparing it to an onion. "The outer layer consist of prices of globally traded commodities such as lumber, steel, grains, and oil."
The 10-year Treasury yield fell 14 basis points to 3.66% and at one point dropped by 20 basis points. The 2-year yield declined 9 basis points to 4.12%. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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