Fed’s Williams Sees No 2027 Rate Hikes Despite 90% Market Odds of Higher Rates
New York Fed President John Williams said he sees no need for further interest rate hikes in 2027 after one more increase this year, citing expectations that annual inflation will approach the Fed’s 2% target next year. His outlook contrasts with market pricing. CME FedWatch showed roughly 90% odds that the overnight rate will end 2027 at least 0.5 percentage points above its current level.
