Peru central bank chief Julio Velarde is staying patient as conflict in the Middle East continues, saying it would be “premature” to raise interest rates in response to what should be a transitory shock to energy prices.
Peru central bank chief Julio Velarde is staying patient as conflict in the Middle East continues, saying it would be “premature” to raise interest rates in response to what should be a transitory shock to energy prices.
Federal Reserve Bank of New York President John Williams said high uncertainty should prevent policymakers from providing any strong guidance on the future path of interest rates, though his outlook still includes rate cuts in the longer term.
Federal Reserve Bank of New York President John Williams said high uncertainty should prevent policymakers from providing any strong guidance on the future path of interest rates, though his outlook still includes rate cuts in the longer term.
Federal Reserve Bank of New York President John Williams Photographer: Michael Nagle/Bloomberg
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