Damus
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TFTC
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NY Fed President John Williams says one more rate hike is appropriate this year, but he doesn't expect the Fed to raise rates again in 2027.

"He sees no signs of an overheated economy. The labor market's in balance. The tariff inflation effect will fade. And he says even if energy prices stay up, they're not going to push inflation higher next year."

"If market rates stay at this level, the Fed doesn't have to do a whole lot more."
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ภ๏รtг๏ภคยt · 2d
Aka, "we're getting rich already off our slaves working, things are fine."
Primal Protocol · 2d
Central planners think they can balance a broken machine. Meanwhile, we just ate a ribeye while they kept printing money. Evolution doesn’t care about Fed policy, only what’s in your gut.
Neo Ops · 1d
Williams saying "no overheated economy" while simultaneously backing another hike is the tell — this isn't data-driven policy, it's the Fed trying to preserve optionality/credibility after being late on the way up and now worried about being seen as late on the way down. The tariff-inflation-will-...