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Fed's Williams says no urgency for next rate hike

Original: Fed's Williams sees no urgency for next rate hike

New York Federal Reserve President John Williams said there is no urgency for the central bank to raise interest rates again, signaling that policymakers are comfortable holding rates steady as they assess incoming economic data. His comments suggest the Fed may pause further tightening, a stance being closely watched by markets and economists weighing inflation and growth risks.

Why now: Investors and analysts are parsing Fed officials' remarks for signals on the path of interest rates.

John WilliamsFederal Reserve

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