John Williams

New York Federal Reserve ​President John Williams projected that the effect of tariffs could phase out from the inflation rate in the coming quarters. The impact of tariffs, mainly shouldered by domestic producers and consumers, has “not yet fully played out,” said Williams in...

Economist Peter Schiff pushed back against President Donald Trump’s latest claims on inflation, where he placed the blame squarely on former President Joe Biden and congressional Democrats. GOP’s Spending Fueled Inflation On Wednesday, in a post on X, Schiff said that Trump’s...

In a rare show of agreement, two top officials at the Federal Reserve have expressed confidence that inflation will not pose a significant threat to the U.S. economy in the near future. Fed Officials See Inflation Cooling New York Fed President John Williams and Fed Governor Stephen Miran both...

U.S. stock futures rose on Monday, building on Friday’s gains. Optimism is fueled by New York Fed President John Williams‘ suggestion that a December rate cut remains possible. The Dow Jones Industrial Average rose 0.44% to 46,448.27, the S&P 500 added 1.5% to 6,705.12, and the...

Markets saw a brief reprieve Friday as the Federal Reserve’s preferred inflation gauge came in below expectations, tempering concerns of mounting volatility after this week's hawkish policy pivot. The Personal Consumption Expenditures price index rose 2.4% year-over-year in November, missing...

The imminent release of the September consumer price inflation report is keeping sentiment guarded as the index futures trade modestly lower early Thursday. Traders may have to navigate past the September consumer price inflation report and the weekly jobless claims data, both of which have...

John Williams, President of the New York Federal Reserve, expressed confidence in the Federal Reserve’s strategy to achieve a soft landing for the U.S. economy. He emphasized the central bank’s current monetary policy as effective in sustaining economic growth while curbing inflation....

Traders are cautiously optimistic ahead of the all-important payrolls report, with the index futures narrowly mixed in early Friday. The suspension of the Longshoremen’s strike removes one of the overhangs even as the Middle East tensions rage unabated. The September job gains could have a...

Micron, Inc.’s (NASDAQ:MU) earnings could revitalize the sagging market momentum, with the index futures trading notably higher early Thursday. The risk-on mood was evident across the global markets as China’s commitment to stimulate the domestic economy encouraged traders. The markets...

The non-farm payrolls data is keeping traders on the tenterhook and the index futures point to a negative opening on Friday. The caveat here is the the market mood could quickly pivot to positivity if the job gain comes in line with expectations. Following the data, traders get to hear from two...

U.S. stocks are gearing up for a nervy as index futures were seen hugging the flat line. Uncertainty, which is one of the biggest enemies of the market, has intensified on all fronts. The Federal Reserve hasn’t committed to a timeframe for starting rate cuts despite the recent soft growth...

New York Federal Reserve President John Williams hinted at a potential interest rate cut in the coming months, suggesting that the Fed might be closer to this decision than previously thought. What Happened: Williams, who is also the vice-chair of the Fed’s rate-setting committee,...

U.S. index futures are trading in a listless manner, as traders look ahead to the all-important monthly non-farm payrolls data. ADP’s private payrolls survey showed that job gains slowed more than expected. In the eventuality of the number coming in line or softer than expected, the market...

In a recent statement, New York Fed Bank President John Williams acknowledged the Federal Reserve’s ongoing efforts to bring inflation back to its 2% target. Although progress has been made, the goal is yet to be achieved. What Happened: Williams recognized the Federal Reserve’s...

Futures trading suggests a mixed start on Thursday, with tech stocks potentially helping to weather profit-taking-induced weakness. Broadcom Inc. (NASDAQ:AVGO) and Tesla, Inc. (NASDAQ:TSLA) are likely to lead the tech charge, with the former reacting to earnings release and the latter to the...