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New York Fed's Williams backs market bets on one more rate hike this year
New York Fed President John Williams called one more rate hike this year reasonable, citing AI investment demand and energy prices with inflation at 3.4%. Sixteen of 18 Fed officials project at least one more move, so borrowers should plan on a policy range of 4% to 4.25% or higher by year-end.
Reality
- Evidence72
- Adoption
- Insufficient
- Hype gap+15
- Incentives
- Insufficient
- Confidence75