$Micron Technology(MU)$ $SanDi

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Fed's Williams sees no urgency for the next rate hike, according to Reuters.

New York Fed President John Williams said the central bank has time to weigh incoming data before deciding when to raise rates again after September's quarter-point move to a 3.75%–4% target range. He said at the University at Buffalo that with the policy action taken at the September meeting, there is no need for urgency. If the economy tracks his forecast, he said one further upward adjustment late this year may be appropriate. CME FedWatch showed October hike odds falling to about 51.5% after his remarks, from nearly 70% earlier in the session.

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