Fed's Williams Sees No Rate Hikes in 2027, Diverging From 90% Market Odds
New York Fed President John Williams said he sees no reason for additional rate hikes in 2027 beyond one more increase this year. His view clashes with market pricing. CME FedWatch showed about 90% odds the overnight rate ends 2027 at least half a point higher than today. Williams expects annual inflation near the Fed's 2% target next year.
