New York Federal Reserve – Charm

FRBNY President John Williams Sees ‘Room for Further Adjustment’

Bitcoin BTC$83 292,08 staged a modest rebound in morning U.S. hours Friday after a 10% selloff overnight as the likelihood of a Federal Reserve rate cut in December jumped sharply following dovish remarks from New York Fed President John Williams. “I still see room for a further adjustment in the near term to the target range…

New York Fed met with banks over key lending facility, FT reports

Cs news3 weeks ago03 mins

(Reuters) -New York Federal Reserve President John Williams met with Wall Street banks this week to discuss a key short-term lending facility, the Financial Times reported ‌on Friday, amid signs of tighter market liquidity. “President Williams convened the New York Fed’‌s primary trading counterparties (primary dealers) to continue engagement on the purpose of the standing…