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."
"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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