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John Williams Says No Rate Hikes in 2027

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Story summary
  • New York Federal Reserve President John Williams expects no rate hikes in 2027 after one more this year.
  • Williams says he has not changed his view that one more hike may be appropriate this year.
  • Fed funds futures traders give about 90% odds to at least one rate increase in 2027.
  • Eight of 18 FOMC members forecast one more increase after this year's hike.