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The Economic Times

Business

NY Fed President Williams sees no need for a rate hike in 2027

John Williams New York Fed Inflation Interest Rates Artificial Intelligence Federal Reserve Bank of New York Economy

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.

“I haven’t changed my view that it may be appropriate to have one more rate hike,” Williams said Tuesday in an interview with Bloomberg News at the New York Fed. “I don’t think at this time I have any reason to believe that we would need to do more” after that.

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