One Fed official may have saved market from another rout. Why John Williams' remarks matter so much
With his position comes membership in the Fed's leadership troika, a group that also includes Chair Jerome Powell and Vice Chair Philip Jefferson.
Last updated: 2025-11-21 21:18:38 ET
With his position comes membership in the Fed's leadership troika, a group that also includes Chair Jerome Powell and Vice Chair Philip Jefferson.
Fed's Williams leaves the door open to a December rate cut, bitcoin extends its slide
Market expectations of a December rate reduction jumped after a top ally of the Fed chair countered recent opposition to a cut.
Williams said he expects the central bank can continue to lower rates – after delivering two consecutive quarter-point cuts – because labor market...
John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs ‘in the near term.’
Williams-Sonoma CEO Laura Alber gave CNBC's Jim Cramer an update on how tariffs are affecting business.