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Fed’s Williams: Fed did change policy views at meeting this week

Additional comments from New York  Fed  President Williams’ interview with CNBC continue to cross the wires.

Key quotes

  • Fed did change policy views at meeting this week including longer-term path for rates.
  • Believes that Fed has adjusted policy path based on the economy.
  • We are now at bottom range of estimates of neutral rate.
  • Fed had a good discussion that included financial markets.

Source: Reuters.

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