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✉news BusinessMarkets first seen 9 h ago, last 4 h ago, peak #12

Fed's Williams comments cool rate hike bets, stocks dip

Original: Stocks dip, 2-year US yield falls after Fed's Williams cools rate hike bets

New York Fed President John Williams suggested conditions could justify lower interest rates, prompting traders to scale back expectations of near-term rate hikes. Two-year US Treasury yields fell on the remarks, while stock indexes slipped in choppy trading. Investors are watching Fed officials closely for signals on the path of monetary policy.

Why now: Fed officials' comments are shifting market expectations about interest rate moves.

John WilliamsFederal ReserveUS TreasuryUS stock market

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