Federal Reserve Bank of New York President John Williams has suggested that further interest rate increases may still be on the table before the end of the year, calling such a move "reasonable" given current economic conditions. His comments reflect ongoing concerns about inflation persistence and the central bank’s cautious approach to monetary policy. While recent data has shown some cooling in price pressures, Williams indicates that policymakers remain vigilant about ensuring sustained progress toward their targets. The remarks come as markets closely watch for signals on the trajectory of borrowing costs amid shifting economic indicators.
New York Fed’s Williams says it's 'reasonable' to expect another rate hike by year-end CNBC