Fed officials signal rates likely to stay on hold until at least September

Investors now see less than a 10 per cent chance of a rate cut when Fed policymakers next meet on June 17-18. PHOTO: AFP Fed officials signal rates likely to stay on hold until at least September WASHINGTON – Two Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower interest rates before September as they confront a murky economic outlook. "It's not going to be that in June we're going to understand what's happening here, or in July," Mr Williams said on May 19 at a conference. "It's going to be…