BUSINESSQUARTZ
New York Fed president warned inflation has peaked — but markets still expect a rate hike
New York Fed president John Williams stated inflation has peaked with five reasons for easing price pressures, but markets still anticipate a potential rate hike as soon as September.
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Adjacent reporting
- A hot inflation reading this week could mean a rate hike soon, Fed’s Waller says
- Fed governor warns of possible interest-rate hikes if inflation comes in hot this week
- Top Fed official warns ‘hot’ inflation could trigger rate rise
- Kevin Warsh won’t say if the Fed is done raising rates, even as he says the Fed has ‘no tolerance’ for high inflation and Trump pressure looms