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Despite dramatic differences among Fed officials, opinions are coalescing behind a third interest-rate cut in succession.
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Crews battle hazardous fire on cargo ship in San Pedro, major emergency declared Los Angeles TimesFire erupts on container ship at Port of Los Angeles in San Pedro ABC7 Los AngelesPORT OF LOS ANGELES STATEMENT ON CONTAINER SHIP FIRE Port of Los AngelesLAFD issues shelter-in-place warning as container ship fire continues in San Pedro
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John Williams says there is ‘room for a further adjustment' in borrowing costs
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John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs ‘in the near term.'
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