Source: Wall Street News

The Fed's forefoot suddenly changed to “talk about interest rate cuts for the first time,” and the bottom of the top three came forward to “release the eagle”...

On Friday, Williams, the third leader of the Federal Reserve, said in a statement that the Fed is currently not really discussing interest rate cuts:

The question now is whether we are restrictive enough; we need to be prepared to further tighten our policies. If necessary, the Fed must be prepared to raise interest rates again.

The market reaction is likely to be stronger than predicted. Considering that it is still “too early” to cut interest rates in March, we must fully grasp the market's reaction to the data.

Williams further pointed out that the Fed needs to focus on goals rather than market views.

“New Federal Reserve News Agency” Nick Timiraos said in this regard:

Compared to Federal Reserve Chairman Powell's discussion on interest rate cuts at the December 13 press conference, US New York Federal Reserve Chairman Williams's speech clearly pushed back.

US Treasury yields rose slightly after Williams, the “top three” of the Federal Reserve, delivered a speech. The US dollar index rose in the short term, rising 0.52% during the day to 102.497; the pound fell below 1.27 against the US dollar to 1.2699; and emerging market currencies declined. S&P 500 futures recovered gains. The US and Brazil oil fell by 0.6 US dollars in the short term. Currently, they are reported at 71.94 US dollars/barrel and 76.78 US dollars/barrel, respectively.

Editor/jayden