The Fed’s Williams does not rule out skipping a rate cut in November

According to reports published by the Wall Street Journal, Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic is open to the idea of ​​skipping an interest rate cut in November if economic data has not yet aligned in time with the numbers target of the Fed.

Key quotes

Bostic: I’m very comfortable skipping a meeting if the data suggests it’s appropriate.

I’m open to not moving on one of the last two dates if the dates come in as I expect.

This agitation to me is in the sense that maybe we should take a break in November. I’m definitely open to it.