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News 2026-10-13 19:25 UTC

UPDATE 1 — Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

(Recasts with details throughout) New York Fed President Williams still sees one more rate hike this year Williams expects inflation to ease gradually Fed raised its policy rate to the 3.75%-4.00% range last month By Michael S. Derby Oct 13 (Reuters) — New York Federal Reserve President John Williams has reaffirmed his