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NY Fed’s Williams Signals No Urgency for Further Rate Cuts

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New York Fed President John C. Williams said there is no urgency for more rate cuts after three 0.25% reductions. His remarks support a steady monetary policy, affecting liquidity and crypto markets. Traders now see a 4-in-5 chance of the Fed holding rates in January. Williams stressed that future moves will depend on data, including developments under EU Markets in Crypto-Assets Regulation.
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