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Fed's Williams Signals One More Rate Hike May Be Needed

Original: One More U.S. Interest-Rate Increase May Be Appropriate, Fed’s Williams Says

New York Fed President John Williams said one more increase in U.S. interest rates may be appropriate, keeping alive expectations of further monetary tightening. His comments suggest the Federal Reserve is not yet ready to declare inflation fully under control, and markets will be watching for confirmation from Chair Jerome Powell and upcoming inflation and jobs data.

Why now: Investors are closely parsing Fed officials' remarks for clues on whether more rate hikes are coming.

John WilliamsFederal Reserve

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