John Williams

US Treasury y

2026-09-30 07:24:43

US 10-year Treasury yield hits 5.29% as October rate-hike expectations cool

The yield on the 10-year US Treasury briefly climbed to 5.29%, marking a 19-year high, according to a ChainCatcher newsflash. Market expectations for a Federal Reserve rate hike in October eased after New York Fed President John Williams said he was "not in a hurry." Saxo Bank said yields have already pulled back, but added that the next move for the US dollar and Treasuries will depend on the US Personal Consumption Expenditures, or PCE, data due later today. The update ties a sharp move in bond yields to shifting rate expectations and puts immediate focus on the upcoming inflation reading as the key macro event to watch.

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Federal Reser

2026-09-29 23:30:09

Williams says one more Fed rate hike is possible this year, but there is no need to rush

New York Fed President John Williams said the Federal Reserve does not need to move quickly after its September rate increase and can wait for more economic data before deciding its next policy step. He said another increase in the federal funds target range may be needed before year-end if the economy evolves broadly in line with his expectations, though he stressed that this was only his personal forecast and that any final decision would depend on incoming data. Williams said inflation pressures remain the main focus for monetary policy as long as growth stays solid and the labor market holds up. He also said the Fed must prevent inflation from staying elevated after shocks and avoid second-round inflation effects. According to Williams, inflation this year has been affected by Trump tariff policies and higher energy prices linked to conflict in the Middle East, while investment tied to artificial intelligence has also added some price pressure. He expects U.S. inflation to reach about 3.5% by the end of this year, then ease gradually and return to target in 2028. He also projected U.S. growth of about 2.25% this year and an unemployment rate of about 4% next year.

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Federal Reser

2026-09-03 13:47:59

Market Cuts September Fed Hike Odds to About 50%

Market pricing for a Federal Reserve rate increase this month has moved close to an even split, according to CME FedWatch data cited by BlockBeats on Sept. 3. The probability of a 25-basis-point hike is now about 50%, down from 70% a day earlier. The shift came after several Fed officials pushed back against the view that another rate increase was effectively locked in. Fed Governor Christopher Waller said he would support keeping rates unchanged if August data shows inflation continuing to improve. A day earlier, New York Fed President John Williams said the case for raising rates was not strong enough at this point. The repricing shows that expectations around the upcoming Fed decision have become notably less one-sided within a day.

820

Federal Reser

2026-08-03 11:04:18

Williams says tariff-driven inflation is near its peak, sees no AI bubble

New York Fed President John Williams said the Federal Reserve’s decision to leave interest rates unchanged in July was consistent with current economic conditions, citing a stable labor market and solid growth without signs of overheating. He said there is no immediate need to raise rates. Williams also said most of the inflation impact from tariffs has already passed through to U.S. prices, and that tariffs are unlikely to cause a meaningful additional increase in inflation over the coming months. In his baseline view, inflation pressure tied to tariffs and energy prices is close to a peak, while earlier drivers of price gains should gradually fade. He noted that the conflict in the Middle East pushed oil prices higher, though markets broadly expect tensions to ease eventually. If energy trade normalizes, prices could decline, he said, while adding that uncertainty in energy markets remains elevated. Williams reiterated that U.S. inflation is expected to return to the Fed’s 2% target before 2028. He pointed to lower housing costs, easing goods inflation, and softer core services inflation as factors that should continue to bring inflation down. On AI, he said he does not currently see signs of a bubble, though competition across companies and technology paths could still create market volatility.

1860

Federal Reser

2026-08-03 10:16:48

Williams says inflation should ease, with Fed ready to hike if 2% path slips

Federal Reserve official John Williams said he remains optimistic that inflation pressures will gradually ease, but made clear the central bank would act if that progress fails to materialize. In an interview with Reuters last Friday, Williams said some of the main forces that pushed inflation higher over roughly the past year and a half should fade if energy prices and trade tariffs have peaked and the economy stays on solid footing. He also said some of the disinflationary forces seen earlier should reappear under that scenario. Williams said he is paying close attention to core inflation readings in the coming months to judge whether they are consistent with inflation moving toward 2% and continuing lower, which he said is necessary to secure a long-run 2% inflation objective by 2028. He added that his own forecast calls for inflation to decline in the second half of this year and fall further next year. At the same time, he reiterated that the current interest-rate stance is in a good place to bring inflation back to target, while stressing that if inflation is not on track to return to 2%, it would be entirely appropriate for the Fed to take action, including raising rates.

1840

Federal Reser

2026-07-29 15:46:58

Former Fed senior adviser says the Federal Reserve will not raise rates today

Former Federal Reserve senior adviser Jon Foster said on July 29 that he does not expect the Fed to raise interest rates today. Foster tied that view to comments from Federal Open Market Committee Vice Chair John Williams, saying he agreed with Williams’ argument that deliberately surprising markets would not produce any credibility benefit for the central bank. The remarks were cited by BlockBeats in a short policy update. No additional policy details or timetable beyond today’s meeting were provided in the report.

2030

Federal Reser

2026-07-15 14:11:31

Williams says inflation may have peaked, with rates in a good place

New York Fed President John Williams said inflation at about 4% remains "clearly too high," but there are signs it may already have peaked and could ease over the next few quarters. He said the current monetary policy stance is in a "good place" and pointed to six reasons for optimism: the impact of tariff-driven price increases has largely run its course, housing inflation should keep falling, oil prices may have peaked, supply constraints tied to AI investment could ease as supply expands, the labor market is not adding fresh inflation pressure, and longer-term inflation expectations remain stable. Williams said headline inflation could fall to about 3.25% by the end of this year and return to the Federal Reserve's 2% target in 2028. He also flagged renewed Middle East conflict and uncertainty around AI-related supply-demand imbalances as key risks. Separately, he expects the U.S. economy to grow 2% to 2.25% this year, with unemployment moving from 4.2% to 4% by 2028. After June CPI came in below expectations, markets increased bets that the Fed will hold rates steady at its July meeting.

1780

Federal Reser

2026-07-15 12:43:49

Fed's Williams says inflation is still too high, sees 2% target reached in 2028

Federal Reserve official John Williams said inflation in the United States remains too high at about 4% and still needs to move back to the central bank’s 2% target. He said the current stance of monetary policy is appropriate for achieving that goal. Williams expects headline inflation to fall to about 3.25% by the end of this year, continue easing in 2027, and reach 2% in 2028. He also said real GDP growth is projected at 2% to 2.25% this year and is expected to stay around that level over the following two years. The unemployment rate, in his view, will gradually decline to 4% by 2028. He added that the U.S. economy is growing at a solid pace and that the labor market has shown resilience and stability. At the same time, he warned that supply disruptions tied to the Middle East conflict still pose risks to growth and the inflation outlook. Williams also said the full effects of surging investment in artificial intelligence on growth, employment, and inflation remain difficult to predict.

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