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Khamenei s Advisor: May Take War To Indian Ocean If Struck Again Russia, Ukraine, US Envoys To Hold Meeting In New York Pres Trump: Will Discuss AI With Xi, Want To Leave As Is US Unveils Two-Month Trade Truce As Xi Arrives For Summit Fed s Williams: Reasonable To See Another Rate Hike This Year Germany s Top Economic
Wall Street has spent weeks debating whether the Federal Reserve will raise interest rates Wednesday. The futures market has almost stopped debating. Traders assign a 93% probability to a quarter-point hike, which would lift the federal funds rate to 3.75%—4.00%. It would be the Fed’s first increase since July 2023. On
New York Fed President John Williams said the recent climb in Treasury yields is driven largely by a strong U.S. economy, with higher real rates and investment demand playing a bigger role than inflation compensation.
Fed's Williams forecasts 2.25% US growth and 4% unemployment by 2028