Fed's Williams: Fed will raise interest rates if data supports it
According to Mars Finance news, Fed Williams said that the Fed still needs to work hard to reduce inflation, and achieving the 2% inflation target is crucial for the Fed. Raising interest rates is not a personal baseline expectation, but if the data supports it, the Fed will raise interest rates.
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Goldman Sachs trader's quick comment on Waller's statement: If "Q4 inflation trend remains unchanged," then it's more than just one rate hike.
Goldman Sachs issued a special warning, highlighting a clear internal contradiction between the hawkish remarks made by Waller and the SEP projection that inflation will not fall back to 2% until 2029. If there is no substantial change in the inflation trend in the fourth quarter, the Federal Reserve may adopt a more aggressive front-loading rate hike path than currently indicated in the dot plot, and the baseline expectation of "one more hike" may face upward revision pressure.
U.S. Interest Rates Likely to Remain Elevated Going Into 2027 -- Market Talk