Williams: support last week's rate cut of 25 basis points, but the next action is difficult to judge
2025-12-15 19:58:43
The Fed's decision to cut interest rates last week was the right thing to do, but the next move was difficult to judge, Mr. Williams said on Monday. Speaking to reporters at an event in Jersey City, New Jersey, Mr. Williams said: "I very much support our decision" to cut the Fed's base rate by 25 basis points. Looking ahead to the January 27-28 policy meeting, he said: "We will wait and collect all relevant data" and it is "too early to tell what to do with the next monetary policy decision".
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