- NY Fed President John Williams said one more interest rate increase will be appropriate in 2026 but not necessary in 2027.
- Williams explained his rationale for supporting the Fed's September rate increase in a Bloomberg News interview published Oct. 13, 2026.
- Williams expects inflation to cool next year despite strong demand from AI infrastructure buildout.
Quotes
“one more increase in interest rates will be appropriate this year”
“he expects inflation to cool next year despite the strong demand generated by the build-out of AI infrastructure”