NY Fed President John Williams rules out additional rate hikes in 2027
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View chart & analysis → - 1New York Fed President John Williams said he does not see additional rate hikes in 2027 following one more hike this year.
- 2Of the 18 FOMC members who provided 2027 interest rate projections, 8 expect one more hike after additional hikes this year.
- 3President John Williams projected that inflation will approach the Fed's 2% target in 2027.
So what's the key point?
President John Williams said interest rates will not be raised further in 2027. This means inflation is expected to get closer to the 2% target.
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