NY Fed president doesn't expect any more rate hikes after this year's final move

What happened: New York Fed President John Williams said he supports one more rate increase this year but sees no reason to tighten further in 2027 as inflation pressures ease. Why it matters: His view signals the Fed may be near the end of its tightening cycle, with inflation pressures easing. Total: 296 characters. Coverage: 4 outlets in 24h

New York Fed President John Williams said he supports one more rate increase this year but sees no reason to tighten further in 2027 as inflation pressures ease.

His view signals the Fed may be near the end of its tightening cycle, with inflation pressures easing. Total: 296 characters.