The talking heads at the US Federal Reserve have pivoted to talking about how high rates will go before they top out as against how quickly they will rise. Expect more of the same from these two today:
0800 GMT Federal Reserve Bank of New York President John Williams
- keynote remarks before the SNB-FRB-BIS conference on global risk, uncertainty, and volatility
1600 GMT Federal Reserve Bank of Richmond President Thomas Barkin
- speaks on his economic outlook
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