New York Fed President John Williams said the Federal Reserve has time to assess incoming data before another rate hike, which he expects before year-end, while Chicago Fed President Austan Goolsbee warned that prolonged above-target inflation risks requiring a policy response to persistent supply shocks.
“With the policy action we took at our September meeting, there is no need for urgency,” Williams said in prepared remarks for an event at the University at Buffalo in New York.
