Federal Reserve Bank of New York President John Williams indicated in an interview with Bloomberg News on October 13, 2026, that he anticipates one more interest rate hike this year but does not foresee further increases in 2027. Williams discussed his support for the Fed's September rate increase and shared his outlook on inflation during the wide-ranging conversation.
According to Williams, inflation is expected to ease next year despite the robust demand driven by the expansion of AI infrastructure. He emphasized that while the current economic landscape presents challenges, the central bank's policy adjustments are aimed at maintaining stability.