Fed Official Williams Suggests One More Rate Hike, Amid Dallas Dissent
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- 50%
New informationRepeats or wire copies
What happened
Williams stated he believes one more rate hike may be appropriate, but he does not see a reason to believe more hikes would be necessary at this time. He noted that inflation should slow toward the Fed’s 2% target next year, aided by fading energy price shocks and cooling underlying inflation. However, colleagues, including Beth Hammack and Lorie Logan, believe more than one additional move will be required to bring inflation back to 2%.
From indiatimes.com
Why it matters
Williams’ remarks caused US Treasury yields to drop. His view aligns with the median of rate projections released by Fed officials after their September gathering, while investors currently anticipate the FED will raise rates in December and twice more in 2027.
The Federal Open Market Committee manages policy decisions for the FED, involving official Christopher Waller and dissent from policymakers based in Dallas.
From indiatimes.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Goldman SachsSpeculative
Goldman Sachs might see changes in market prices due to the FED commentary influencing investment strategy and capital flow.
- Morgan StanleySpeculative
Morgan Stanley might see changes in market prices due to the FED commentary influencing investment strategy and capital flow.