Market Chatter: NY Fed President Williams Doesn't See Need for 2027 Rate Increase

02:16 PM EDT, 10/13/2026 (MT Newswires) -- Federal Reserve Bank of New York President John Williams said he doesn't currently think it will be necessary for the central bank to raise interest rates in 2027, Bloomberg reported Tuesday, citing an interview with Williams. Williams said he still thinks one more increase this year is appropriate, according to the report. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)