Open Demo Account
Home / Market Update / Forex Market / Fed’s Williams: Monetary policy not best tool to address financial stability risks

Fed’s Williams: Monetary policy not best tool to address financial stability risks

Mohamed Abdelhamid 16 November, 2022 7:03 pm Forex Market, Market Update

On Wednesday, the US Dollar Index continues to erase its daily losses following the comments by important Fed and was last seen losing 0.17% on the day at 106.38.

New York Federal Reserve President John Williams said that the monetary policy is not the best tool to address financial stability risks, as reported by Reuters.

Key Quotes

“Central banks around the world taking strong action to restore price stability.”

“It is important to bolster the resilience of the treasury market.”

“Price stability is essential for the US economy to function well.”

Tags

Check Also

RBA

RBA Holds Rates Steady, Signals Prolonged Tight Monetary Policy Amid Persistent Inflation

The Reserve Bank of Australia (RBA) maintained its benchmark interest rate at 4.35% on Tuesday, …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends