Peter Williams

Peter Williams, Managing Director of Macro Research and Central Bank Policy at 22V Research, shares his insights on the impending rate cut cycle. He unpacks Fed Chairman Jerome Powell's recent signals and discusses possible cut sizes. The conversation dives into how decreasing inflation, paired with stable employment, affects labor market health. Williams also explores the nuance of R-Star and its relevance in shaping interest rate policy amidst ongoing economic uncertainties.

Peter Williams, a research analyst at the IMF known for his insights on interest rates, discusses the elusive Neutral Rate of Interest (R*). He delves into the complexities of identifying this rate, explaining its critical role in balancing the economy. Williams highlights the challenges economists face in inflation targeting and the evolving perceptions of R* since 2018. He also examines the need for new strategies in monetary policy, especially in light of recent economic disruptions and the impact of the COVID-19 crisis.