One more rate increase is expected this year, NY Fed president Williams tells Bloomberg

One more rate increase is expected this year, NY Fed president Williams tells Bloomberg
NY Fed Williams expects another rate hike

New York Federal Reserve President John Williams said he still expects the possibility of one more rate increase this year, and indicated future policy moves for 2027 remain uncertain.

Nick Timiraos of the Wall Street Journal reported Williams' remarks in an interview with Bloomberg.

Timiraos recently reported that industrial buyers at Jergens in Cleveland are placing greater value on quality and speed over price when selecting products, according to a separate article. He has also covered personnel moves, noting that Judy Shelton will join the Treasury Department as a counselor to advise on currency policy with a focus on China. These reports reflect ongoing coverage of both industry trends and government appointments.

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