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John Williams says there is no need for urgency after September hike

Williams said he sees no urgency for further action immediately after the Fed’s September rate increase, dampening expectations for a back-to-back hike.

Reported · Written up by our desk · Central Banks

MarketWatch reports that New York Fed President John Williams said there is no need for urgency after the Federal Reserve’s September rate hike.

In the outlet’s summary, Williams emphasized that the central bank did not require an immediate follow up, a contrast to trader expectations for another move in October.

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