New York Fed President John Williams says it's unclear how much the Fed's balance sheet can shrink, flagging nonlinear reserve demand and 2019 repo lessons.

New York Fed President John Williams says he's less worried about stablecoin risks, citing the GENIUS Act's regulatory framework and growing market

New York Fed President John Williams says it's unclear how much the Fed's balance sheet can shrink, flagging nonlinear reserve demand and 2019 repo lessons.

Fed's John Williams highlights uncertainty around the long-term neutral interest rate. Here's what r-star estimates mean for crypto and risk assets.

NY Fed President John Williams says ample reserves reflect money market conditions, not a fixed number, as the FOMC halts balance sheet runoff.