FedIMPORTANTSeptember 22 at 10:05 AM

Fed's Williams (voter) does not comment on monetary policy. Adds, there should be no opportunity cost to holding reserves, rate control system has been very effective. Will adjust supply of reserves, dependent on market conditions.

StockNow breaking-news AI analysis

Fed voter Williams avoided monetary policy commentary, affirmed the rate control system's effectiveness without reserve holding opportunity costs, and stated reserve supply adjustments depend on market conditions.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Fed's Williams (voter) does not comment on monetary policy. Adds, there should be no opportunity cost to holding reserves, rate control system has been very effective. Will adjust supply of reserves, dependent on market conditions.

What do investors think?

Today's market highlights

Saudi Arabia restarts the East-West oil pipeline and prepares to resume crude oil exports from Yanbu port later on Tuesday, according to trade sources

US ADP Employment Change Weekly 20K (Prev. 16.25K)

Senior Iranian Official says that Tehran welcomes revival of diplomacy if the US takes tangible steps