Williams calls another rate hike by year-end a reasonable expectation
On Sept 24, John Williams called another rate hike by year-end a reasonable expectation while stressing officials will watch incoming data. A day earlier, Michael Barr said further policy adjustments are likely needed, and Susan Collins warned of persistent inflation risks.
Why it mattersMichael Barr believes central bank changes are needed, meaning people could soon see borrowing become more expensive.
How we got here
- Barr stated at a housing summit that further policy adjustments were likely needed in his base case. Gov
- Susan Collins stated she saw an increased likelihood that inflation would remain notably above two percent. CNBC
- Williams called another rate hike by year-end a reasonable expectation while noting officials would assess incoming data. CNBC, Cmegroup
- Treasury yields reached multidecade highs, including a two-year yield of 4.941 percent and a ten-year yield of 5.223 percent. CNBC
- The Federal Reserve scheduled the release of minutes from the September FOMC meeting. Gov
- The next scheduled two-day FOMC meeting was set to begin; it was scheduled to conclude October 28. Gov
What's likely next
- October 7, 2026: The Fed’s calendar scheduled release of minutes from the September 15–16 meeting.
All coverage
The coverage
Analysis & opinion
- Four reasons behind our higher Fed interest rate forecastAllianzgi · Sep 25
- The Fed Makes Its MovePenn Mutual Asset Management · Sep 21
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