Fed's Williams says he has not seen any big move out of US assets, monetary policy in good place

Fed's Williams says he has not seen any big move out of US assets, monetary policy in good place

By Michael S. Derby

What’s next for the Fed amid the US-China tariff dance?

As widely expected, the US Federal Reserve kept its policy rates unchanged in the May meeting, with a target Fed funds range of 4.25 to 4.5 per cent. This was the third consecutive meeting in which the Federal Open Market Committee (FOMC) members kept policy rates on hold.