Fed's Williams: No Urgency on October Rate Hike — SkimNews
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- NY Fed's Williams said there is "no need for urgency" regarding a rate hike at the Fed's October meeting, per Yahoo Finance, squashing expectations of an imminent move.
- Williams still anticipates one more interest rate hike in late 2026, per Bloomberg, while Fed Governor Barr said more rate hikes are likely needed to curb inflation.
Why it matters: Markets and borrowers priced for a near-term hike get a breather from Williams' pushback on October timing, but Bloomberg's note that he still sees one more hike in late 2026 — combined with Barr's hawkish dissent — keeps the FOMC's rate path unsettled heading into the next decision.
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