Williams: Fed can still cut rates in the near term given current policy is modestly restrictive | Metals Mine
Added at 6:34am

  • Williams: Navigating Unpredictable Terrain

    From newyorkfed.org

    Good morning. It’s a pleasure be here to celebrate the 100th anniversary of the Central Bank of Chile. The topic of my remarks today is inflation targeting, which is both an important part of Chile’s central banking history and a core foundation of successful monetary policy. Most central banks around the world have adopted inflation targeting regimes over the past 35 years, and Chile was among those leading the way. Although specifics vary across jurisdictions, these strategies share three principles: independence and accountability, transparency and the clear communication of an inflation target, and ... (full story)

Added at 6:36am
Comment Options
ffghost
Nov 21, 2025 8:29am
Permalink
Quoting Trader#E8D0
These damn fed presidents need to shut their friggin pie holes jerking the market around with their speculation! How is this legal? One day they tank stocks the next they’re just like “welp guess it’s the exact opposite” friggin this is market manipulation! Should be illegal. Keep ur mouths shut you don’t have a crystal ball let the damn vote happen and stop toying with people’s retirement savings jerks!!!
To be fair, it is the market that rebalances based on the commentary. That commentary is SUPPOSED to change based on economic changes. If it happened in a vacuum, trust me, you would dislike it more. Can you imagine a world in which the FED comes out and cuts by 50 bps...or raises rates by 50 bps when the market is on the complete other side of the expected event? The amount of volatility that would pump into the markets would see limit down instantly. By having all these officials voice their opinions throughout the course of the intra-meeting periods, markets can decipher this dialog how markets want to based on current conditions and the comments stated (and/or changed from previous expectations).

Remember, this is a board, not an individual. Voting members all have a say. You just saw this morning that Williams's comments are negated by Logans....but Logan isn't a voting member, so her comments ('shouldn't have cut in October, wouldn't cut in December') carry less weight.


The 2025 voting members are: Jerome Powell, John Williams, Michael S. Barr, Michelle W. Bowman, Susan M. Collins, Lisa D. Cook, Austan D. Goolsbee, Philip N. Jefferson, Stephen I. Miran, Alberto G. Musalem, Jeffrey R. Schmid, and Christopher J. Waller.
Reply
RBlackburn
Nov 21, 2025 7:07am
Permalink
You guys that lost are gonna be really really pissed when it reverses in an hr
Reply
ffghost
Nov 21, 2025 7:06am
Permalink
Quoting Trader#52FA
This kind of news is here to artificially pump the price and we will get fucked by a bear at 14:30 CET
Think it will actually take that long??

Unless we hear similar out of additional voting members throughout the morning, I am worried about the long side (even after yesterday's ridiculously over aggressive reversal)
Reply
ffghost
Nov 21, 2025 6:37am
Permalink
One single line good for 200 pts in the /nq in 10 seconds? "Therefore, I still see room for a further adjustment in the near term to the target range for the federal funds rate to move the stance of policy closer to the range of neutral, thereby maintaining the balance between the achievement of our two goals." Amazing.
Reply
ffghost
Nov 21, 2025 7:29am
Permalink
Quoting Trader#2078
{quote} Since they won’t allow SPX to trade 6500, 7k literally has to happen, just a matter of what day if the Fed is going to just keep lowering.
Your bullishness is legendary. Let's hope it is also contagious!!!!
Reply
ffghost
Nov 21, 2025 8:04am
Permalink
Quoting Trader#7A73
{quote} Look at your weekly SPX chart. This is the third pullback since April. What happened after the last two? Personally I wanted the market to actually fall, you know the healthy corrections the markets used to have in the old days? Then we could find a long term sustainable base. But with constant intervention risk and reward can never be fixed by free markets. So if the market can’t correct it by definition must go higher. We don’t just go sideways. If 6500 fails, and we see the first fear in a long time, that’s a good thing long term. But...
As my man Marvin Lee Aday once sang: "two out of three ain't bad".

I, like you, am not opposed to pullbacks. They, like forest forest, help future growth. HOWEVER, the whipsaw effects of this move downward remind me of Feb>April and my PTSD from that event is just too fresh (yesterday was a BRUTAL reminder that nothing is sacred in markets at the moment).

Since I live/die by 5 min charts (that's just my scalping strategy of 2025), and have been trying since April to get back into a longer (weeks/months) swing trade position size, seeing 1200+ pts evaporate in hours two times in two months is wildly painful.....moreso because of the excessive leverage this time and the "comfortable" situation after the market bought up NVDA earnings and the /nq popped up through resistance levels for the first time in weeks.

But, I digress. Let's hope today sees sustained optimism. I will be exiting risk (at a loss) on a bounce and will no doubt keep too much on into the weekend, but if there is another whipsaw reversal from these levels and the /nq starts falling toward 23000, it is going to be a bloodbath on the way there. With /vx still above 22 even after that FED rate cut change, however, one has to wonder about the staying power of the move
6600 on the /es was defended.

If anyone else was awake and noticed, crypto had a interesting "washout" event early this morning (1:30AM CST USA on the 5 minute candle). This was very similar in feel to the 10/10 washout post-cash market close. It was immediately bought up this morning (well, nearly all within an hour) and then continued slowly downward. The 6:30AM Williams speech release has bolstered confidence, apparently, and BTC and ETH (while still solidly negative on the day) are 2% off lows.

I am really grasping at straws here trying to make comparisons in a VERY different environment (i.e. we are well below the 50MA now whereas 10/10 saw the /nq bounce off the 50), but am slow smoking some hopium that what could have been a 2 day post NVDA earnings washout just took place in one session and can now release some pressure to at least regain SOLE of that ground drying today's, session.

Bears: the weather is nice outside.....please feel free to click "cancel all" algo shorting trades, unplug the systems, and go for a walk....for a couple of months....come back at ATHs and I will happily step aside for ya!
Reply
Trader#7A73
Nov 21, 2025 7:45am
Permalink
Quoting Trader#C92B
You can go fuck yourself. I lost everything thanks to you and your shitty twitter posts. Fuck you.
If this is a real post, then you are lucky to learn to quit gambling now before it destroys your life. Only a crazy gambler could blow an account with the tiny moves thus far today. Gambling is a terrible addiction, quit forever and be happier.
Reply
Trader#E14A
Nov 21, 2025 8:51am
Permalink
Quoting Trader#52FA
This kind of news is here to artificially pump the price and we will get fucked by a bear at 14:30 CET
Yes its weird that FF placed it in red folder vs all of the other commentary they try to sneak away
Reply
limondj90
Nov 21, 2025 11:56am
Permalink
Don’t believe it—no cut happened on Dec 10. They just want us to pump the market so they can dump. Be safe
Reply
Js3mwtRc
Nov 21, 2025 6:42am
Permalink
At least I managed to take profits before he speaks!
Reply
BTCmailman
Nov 21, 2025 6:36am
Permalink
GOLD TO THE MOON!
Reply
objective
Nov 21, 2025 3:22pm
Permalink
How is this market moving news?
Last ditch attempts to pump the markets at all costs.
Reply
Momofrmnyc
Nov 21, 2025 6:43am
Permalink
Cool lol. Just 1 vote out of 12 just like Miran and the rest of the FED. Seems it'll be more of a debate this time around especially with that gov't blackout period.
Momofrmnyc
Nov 21, 2025 7:13am
Permalink
Quoting RBlackburn
You guys that lost are gonna be really really pissed when it reverses in an hr
Yeah something tells me USD might get bullish shortly..... Let's see what happens.
BaliBoyz80
Nov 21, 2025 6:52am
Permalink
yesterday no cuts, today cuts. What happen with The Fed crediblity ? u guys Central Bank people, carefull with ur words.
Reply
paulmingio
Nov 21, 2025 6:32am
Permalink
Wtf
Reply
jutrader37
Nov 21, 2025 6:41am
Permalink
Yeah, and in the end there won't be a cut. He's just opening his mouth for nothing.
Reply
Trader#52FA
Nov 21, 2025 6:54am
Permalink
This kind of news is here to artificially pump the price and we will get fucked by a bear at 14:30 CET
Reply
Holdisgold67
Nov 21, 2025 6:47am
Permalink
Just buy if you want, why make excuses
Reply
Trader#1321
Nov 21, 2025 6:33am
Permalink
Fuck you
Reply
Trader#8760
Nov 21, 2025 6:33am
Permalink
fucking hell
Reply
Trader#3484
Nov 21, 2025 6:38am
Permalink
Quoting ffghost
One single line good for 200 pts in the /nq in 10 seconds? "Therefore, I still see room for a further adjustment in the near term to the target range for the federal funds rate to move the stance of policy closer to the range of neutral, thereby maintaining the balance between the achievement of our two goals." Amazing.
It's all orchestrated. They're talking it back up.
Reply
Trader#2A0C
Nov 21, 2025 6:41am
Permalink
this fat fuck fully reversed my GER40 sell (which was in a good profit) with one useless line. fuck you!
Reply
alimuhdor
Nov 21, 2025 6:43am
Permalink
I lost my deposit
Reply
irfan101
Nov 21, 2025 6:43am
Permalink
fuck you, fuck your **
Reply
Pippredator0
Nov 21, 2025 6:44am
Permalink
Why does BC release such news without any schedule?
Reply
moiezsyed
Nov 21, 2025 6:46am
Permalink
why markets pumping ?
Reply
HossamTamim
Nov 21, 2025 6:52am
Permalink
Shit
Reply
lgikaljunkyy
Nov 21, 2025 6:59am
Permalink
Why the eff is this only a Yellow Folder event?!!!!!
Reply
Leonard15
Nov 21, 2025 6:59am
Permalink
Why can I not trade with $20 with xauusd
Reply
Adrian100k
Nov 21, 2025 7:01am
Permalink
well, we should be selling off after this artificial pump. Guys we all know this is market manipulation at its finest.
Reply
Susievenci
Nov 21, 2025 7:01am
Permalink
Love you Wills
Reply
dttw06
Nov 21, 2025 7:02am
Permalink
Was this scheduled?
Reply
Trader#2078
Nov 21, 2025 7:12am
Permalink
So he, and other Fed members along with Trump's incoming members, will guarantee low rates so the AI bubble will grow to epic proportions. Then when inflation comes back strong and the bubble bursts someday the Fed will say they did everything right and nothing is their fault. Exactly the same thing they did with the great recession and Covid inflation. Why do people support the Fed’s existence today?
Reply
Trader#2078
Nov 21, 2025 7:18am
Permalink
Quoting ffghost
{quote} Think it will actually take that long?? Unless we hear similar out of additional voting members throughout the morning, I am worried about the long side (even after yesterday's ridiculously over aggressive reversal)
Since they won’t allow SPX to trade 6500, 7k literally has to happen, just a matter of what day if the Fed is going to just keep lowering.
Reply
Trader#7A73
Nov 21, 2025 7:42am
Permalink
Quoting ffghost
{quote} Your bullishness is legendary. Let's hope it is also contagious!!!!
Look at your weekly SPX chart. This is the third pullback since April. What happened after the last two?

Personally I wanted the market to actually fall, you know the healthy corrections the markets used to have in the old days? Then we could find a long term sustainable base. But with constant intervention risk and reward can never be fixed by free markets. So if the market can’t correct it by definition must go higher. We don’t just go sideways.

If 6500 fails, and we see the first fear in a long time, that’s a good thing long term. But if it doesn’t then the ai bubble grows for an extended period then we eventually crash, big recession, terrible things. It’s a binary choice.
Reply
Getme123
Nov 21, 2025 7:58am
Permalink
Bullish btc
Reply
Trader#E8D0
Nov 21, 2025 8:05am
Permalink
These damn fed presidents need to shut their friggin pie holes jerking the market around with their speculation! How is this legal? One day they tank stocks the next they’re just like “welp guess it’s the exact opposite” friggin this is market manipulation! Should be illegal. Keep ur mouths shut you don’t have a crystal ball let the damn vote happen and stop toying with people’s retirement savings jerks!!!
Reply
Trader#4FAA
Nov 21, 2025 8:43am
Permalink
Quoting ffghost
{quote} As my man Marvin Lee Aday once sang: "two out of three ain't bad". I, like you, am not opposed to pullbacks. They, like forest forest, help future growth. HOWEVER, the whipsaw effects of this move downward remind me of Feb>April and my PTSD from that event is just too fresh (yesterday was a BRUTAL reminder that nothing is sacred in markets at the moment). Since I live/die by 5 min charts (that's just my scalping strategy of 2025), and have been trying since April to get back into a longer (weeks/months) swing trade position...
Bitcoin up almost 6% off the lows which were basically a matter of minutes ago lol. I’m glad I just watch it, I’m too chicken to actually trade it.
Reply
PonTEN
Nov 21, 2025 11:21am
Permalink
fucking piece of shit
Reply
Trader#C63D
Nov 21, 2025 6:34am
Permalink
That’s really amazing.
Reply
Trader#8E39
Nov 21, 2025 6:37am
Permalink
JOIN US
Reply
Trader#08C0
Nov 21, 2025 6:38am
Permalink
What about euro
Reply
Trader#B0A2
Nov 21, 2025 6:38am
Permalink
Nailed gold
Reply
Trader#6EDA
Nov 21, 2025 6:38am
Permalink
AC turned into profit
Reply
Trader#0AD9
Nov 21, 2025 6:38am
Permalink
That crazy move
Reply
Trader#0A0F
Nov 21, 2025 6:45am
Permalink
SPX 7k by Christmas?
Reply
Trader#1CC9
Nov 21, 2025 6:45am
Permalink
Dick head
Reply
Trader#2032
Nov 21, 2025 6:45am
Permalink
Thanks for speak... Gold fly
Reply
Trader#E14A
Nov 21, 2025 6:46am
Permalink
you can always count on william to be a dove
Reply
Trader#0E32
Nov 21, 2025 6:47am
Permalink
I don't know
Reply
truong19951
Nov 21, 2025 6:48am
Permalink
Thank you, love you Williams
Reply
Trader#9965
Nov 21, 2025 6:49am
Permalink
yesterday no rate cuts, today rate cuts, what happen with The Fed credibilty ? so easy speak cut and no cuts.
Reply
Trader#B3CE
Nov 21, 2025 6:51am
Permalink
Dude I was up 63% the hell
Reply
Trader#5393
Nov 21, 2025 6:53am
Permalink
This whipped out my entire account
Reply
Trader#D68A
Nov 21, 2025 6:56am
Permalink
fed william speach reason
Reply
Trader#52FA
Nov 21, 2025 6:57am
Permalink
They post this kind of info for fomo. Then, in thirty minutes we will get a bearish candle… fml
Reply
Trader#4E14
Nov 21, 2025 7:02am
Permalink
breath and we will go down again, correction before further growth. Traders take profits
Reply
Trader#C92B
Nov 21, 2025 7:33am
Permalink
You can go fuck yourself. I lost everything thanks to you and your shitty twitter posts. Fuck you.
Reply
Trader#EAB2
Nov 21, 2025 8:01am
Permalink
buy or sell gold
Reply
Trader#417F
Nov 21, 2025 11:15am
Permalink
Fuck you
Reply

  • Related Stories

Fed’s Williams Sees Room for an Interest-Rate Cut in ‘Near Term’
From finance.yahoo.com | Nov 21, 2025 | 3 comments
Federal Reserve Bank of New York President John Williams said he sees room for the US central bank to cut interest rates again in the near term as the labor market softens. In the text of a speech he delivered Friday in Santiago, Chile, Williams said downside risks to employment have increased while upside risks to inflation have eased. “I view monetary ...
Fed's Williams: Clear communication can limit market disruption
From @financialjuice | Nov 21, 2025 | 2 comments
Fed's Williams: Clear communication can limit market disruption WILLIAMS SAYS HAVE NOT BEEN ON SUSTAINABLE FISCAL PATH FOR A WHILE
Fed's Logan: The Fed should hold rates steady for a time to assess degree of restriction
From @financialjuice | Nov 21, 2025 | 8 comments
Fed's Logan: The Fed should hold rates steady for a time to assess degree of restriction. Opening remarks for panel titled ‘Economic uncertainty and the design and conduct of monetary policy’ Good afternoon. Thank you to the Karl Brunner Institute for inviting me to participate in this important conference. As always, the views I’ll share are mine and not necessarily those of my colleagues on the Federal Open Market Committee (FOMC). It is an honor to join this distinguished panel addressing a topic that is both timely and timeless: the role of economic uncertainty in monetary policy. The topic is timely because this is a moment of substantial uncertainty about the economic outlook. And it is timeless because, really, there’s nothing especially new about that situation. Uncertainty is a pervasive feature of the macroeconomy and monetary policymaking. Theoretical models in which one knows the precise current state of the economy, fully understands the economic mechanisms and has perfect foresight about the future can sometimes provide useful baseline approximations. But these are merely approximations. The world is complex, multifaceted and ever-changing. A policymaker cannot know with certitude the current state of every relevant aspect of the economy, let alone exactly how every part of the economy works or what shocks may arrive. Yet policymakers must still make policy decisions. Even a choice not to act is itself a decision. And we cannot let uncertainty paralyze us. Rather, it’s incumbent on policymakers to tackle uncertainty head-on. First off, policymakers can reduce uncertainty about the state of the economy by gathering economic information from a wide range of sources. For me, those sources include official statistics, private-sector data, financial market conditions, surveys of households and businesses, and reports from business and community leaders and market contacts about what they are seeing in the economy and financial system. Besides sharpening the economic picture, taking on information from a wide range of sources makes the policy process more robust to disruptions in the flow of information from any one source, such as the government shutdown in the United States that recently paused publication of many federal official statistics . But even after thorough information-gathering, some uncertainty will always remain. Fed's Logan: October rate cut was not warranted. FED'S LOGAN SAYS REPEATS SHE WOULD FIND IT DIFFICULT TO SUPPORT DECEMBER RATE CUT || INFLATION TOO HIGH, LABOR MARKET ROUGHLY BALANCED
  • Story Stats