Fed's Williams currently sees no need for rate hike in 2027, Bloomberg News reports
Williams said inflation should ease toward the Fed’s 2% target next year, even as traders expect at least one more increase in 2027.
- On Tuesday, New York Federal Reserve President John Williams said he still sees one more interest-rate hike as appropriate this year, but does not expect further increases in 2027 as inflation approaches the Federal Reserve's 2% target.
- The Fed initiated its first rate increase since 2023 in September, with officials indicating plans for another hike in meeting minutes as the central bank evaluates future tightening.
- Markets price about 90% odds that the Fed overnight rate will end 2027 higher, placing Williams at odds with traders and some Federal Open Market Committee members on the policy path.
- Williams urged focusing on "underlying trends" in inflation amid energy and artificial intelligence shocks, noting that tariff effects on price growth have largely been seen.
- Emphasizing policy remains data-dependent, Williams told Bloomberg that "we'll have to see" when forecasting into the new year, while believing disinflationary forces remain at play.
26 Articles
26 Articles
Fed’s Williams currently sees no need for rate hike in 2027, Bloomberg News reports
Oct 13 (Reuters) - New York Federal Reserve President John Williams said he still sees one more interest-rate hike as appropriate this year, but at the moment does not believe it will be necessary for the central bank to increase rates again ...
The Economic Times
Times of IndiaNY Fed President Williams sees no need for a rate hike in 2027
At a recent conference, John Williams from the Federal Reserve Bank of New York expressed optimism about a potential interest-rate increase this year, suggesting inflation could hit the 2% goal by next year. He cited the role of artificial intelligence in affecting inflation rates while also addressing the sector's supply-demand imbalance.
Fed’s Williams Currently Sees No Need for Rate Hike in 2027
Federal Reserve Bank of New York President John Williams said he still sees one more interest-rate hike as appropriate this year, but at the moment doesn’t believe it will be necessary for the central bank to increase rates again in 2027.
The president of the New York District of the Federal Reserve (Fed, U.S. Central Bank), John Williams, said on Tuesday, in an interview with the Bloomberg news agency, which continues to consider appropriate another high interest rate this year, but sees no need for additional increases in 2027. Exclusive material for subscribers. To have full access, access the link of the subject and register.
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